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We develop a dynamic duopoly model of R&D competition to improve the quality of a finalgood. The innovation process is … other hand, depends onthe relative magnitudes of the costs of initial innovation and improvements. In particular, aresearch …
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We develop a model with one innovating northern firm and heterogeneous southernfirms that compete in a final product market. We assume southern firms differ in their intrinsiccosts and their ability to adapt technology and study southern incentives to protect intellectualproperty rights. We find...
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Agricultural research drives increases in agricultural productivity, and the number of private agricultural input firms has been declining. The empirical relationship between the number of firms doing applied biotechnology crop research and the amount of research output they produce is...
Persistent link: https://www.econbiz.de/10014093881
Agricultural research drives increases in agricultural productivity, and the number of private agricultural input firms has been declining. The empirical relationship between the number of firms doing applied biotechnology crop research and the amount of research output they produce is...
Persistent link: https://www.econbiz.de/10014095127
Basic innovations are often fundamental to the development of applications that maybe developed by other innovators. In this setting, we investigate whether patent pools canrectify the lack of incentives for developers to invest in applications. Following Green andScotchmer (1995), we also...
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