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. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10011698346
We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
Persistent link: https://www.econbiz.de/10010324930
This work introduces a new model to investigate the efficiency and evolution of networks of firms exchanging knowledge in R&D partnerships. We first examine the efficiency of a given network structure in terms of the maximization of total profits in the industry. We show that the efficient...
Persistent link: https://www.econbiz.de/10011753159
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms' bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing bid...
Persistent link: https://www.econbiz.de/10010333873
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10010334125
. Under speed-dependent evolution, a patent-based system will fail to target socially optimal innovation size. The overall …
Persistent link: https://www.econbiz.de/10011325083
&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates … inter-firm asymmetries, which destabilizes the collusive equilibrium. Innovation sharing through cooperative R&D preserves … the collusion stability but also raises social welfare. Interestingly, a welfare improvement is less likely if innovation …
Persistent link: https://www.econbiz.de/10010332459
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Persistent link: https://www.econbiz.de/10010271749
There is considerable debate regarding the use of intellectual property rights (IPR) to spur innovation in the software …
Persistent link: https://www.econbiz.de/10010273790