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This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the … project to implement. A successful innovation can be copied by other firms. Symmetric equilibria (where actions do not depend … equilibria). In contrast to patents, subsidies to experimentation, research, or innovation cannot typically achieve this …
Persistent link: https://www.econbiz.de/10012707491
This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the … project to implement. A successful innovation can be copied by other firms. Symmetric equilibria (where actions do not depend … equilibria). In contrast to patents, subsidies to experimentation, research, or innovation cannot typically achieve this …
Persistent link: https://www.econbiz.de/10012753422
This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the … project to implement. A successful innovation can be copied by other firms. Symmetric equilibria (where actions do not depend … equilibria). In contrast to patents, subsidies to experimentation, research, or innovation cannot typically achieve this …
Persistent link: https://www.econbiz.de/10012464239
Persistent link: https://www.econbiz.de/10003785548
Persistent link: https://www.econbiz.de/10009234046
Persistent link: https://www.econbiz.de/10003408880
Persistent link: https://www.econbiz.de/10003431355
questions. The economy consists of many industries and firms engaged in cumulative (step-by-step) innovation. IPR policy … past innovations. With full patent protection, followers can catch up to the leader in their industry either by making the … same innovation(s) themselves or by making some pre-specified payments to the technological leaders. We prove the existence …
Persistent link: https://www.econbiz.de/10012747875
questions. The economy consists of many industries and firms engaged in cumulative (step-by-step) innovation. IPR policy … past innovations. With full patent protection, followers can catch up to the leader in their industry either by making the … same innovation(s) themselves or by making some pre-specified payments to the technological leaders. We prove the existence …
Persistent link: https://www.econbiz.de/10012465887
questions. The economy consists of many industries and firms engaged in cumulative (step-by-step) innovation. IPR policy … past innovations. With full patent protection, followers can catch up to the leader in their industry either by making the … same innovation(s) themselves or by making some pre-specified payments to the technological leaders. We prove the existence …
Persistent link: https://www.econbiz.de/10014053845