Campbell, Neil; Huang, Kainan; Luckraz, Shravan - In: World Economics 13 (2012) 3, pp. 79-84
This article gives an example of an industry where process R&D is not deterred by a lack of Intellectual Property Rights (IPR). We observe that the imitation driven by this lack of IPR acts as a source of competitive pressure on the technological leader who responds by increasing its process...