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Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms …
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The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
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Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms …
Persistent link: https://www.econbiz.de/10010756373
raising rivals' cost and limiting both upstream competition and downstream innovation. A similar concern of customer …
Persistent link: https://www.econbiz.de/10008794361
Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms …
Persistent link: https://www.econbiz.de/10008854505