innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in … most industries for most potential users, appropriating a foreign innovation is itself an investment decision fraught with … cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now, in … most industries and for most potential users, appropriating a foreign innovation is itself an investment decision fraught … with cost and risk. Nonetheless, standard theory predicts too little innovation. Arguably the problem is exacerbated by the …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in … most industries for most potential users, appropriating a foreign innovation is itself an investment decision fraught with … cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by …

givingimitators a free lunch does not have a chilling effect on innovation. -- innovation ; imitation ; appropriation ; patent … innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in … most industries for most potential users, appropriating a foreign innovation is itself an investment decision fraught with …

innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in … most industries for most potential users, appropriating a foreign innovation is itself an investment decision fraught with … cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by …

substitute for incomplete (legal) protection of innovation effort. They may help firms settle the resulting fairness issue, and …, through successful innovation, competitors might gain an advantage. This is the case if the opposite market side has …

Policymakers all over the world claim: no innovation without protection. For more than a century, critics have objected …. It is possible to model innovation as a prisoner's dilemma between potential innovators, and to interpret intellectual …

innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The … resulting innovation incentive is strictly smaller than in the competitive case. …

substitute for incomplete (legal) protection of innovation effort. They may help firms settle the resulting fairness issue, and …, through successful innovation, competitors might gain an advantage. This is the case if the opposite market side has …