the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …

impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to … accomplish. Our theory offers a unique perspective on the contributions of immigrants to economic development beyond traditional …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

The importance of intellectual property (IP) rights for commercializing innovation is well established. Moreover … innovation alone, it is not clear how obtaining IP rights will impact the choice between licensing product rights and continuing … the primary patent covering an innovation and whether the innovating firm's licenses its innovation or raises external …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent's profit increase from innovation is large and the patented technology has a small advantage over the alternative …

stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R&D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods …

generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … strengthening patent protection will reduce the returns to entrepreneurship sufficiently to reduce overall economic growth. …