We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a …

We test whether intellectual property rights (IPRs) foster or hinder innovation by estimating IV structural equations …

relevant technology class, and the breadth of its patent determines how competitive this market can become. Prospect theory …. In particular, it suggests that, in contrast to the teachings of prospect theory, patent breadth should be fairly modest …In his seminal “prospect theory” of patents, Edmund Kitch contends that patents should be relatively broad in order to …

Which kind of intellectual property regime is more favorable to innovation: one that enforces patents or one that does … not? Economic theory is unable to answer this question, as valid arguments can be made both for and against patents; hence … evidence of our own. We conclude that the evidence suggests that patents do not promote innovation, but instead retard it …

imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …

Innovation has become a central theme and challenge in the literature of entrepreneurship, SMEs management, and … strategic knowledge management and in the literature of organizational learning. Innovation needs a business environment that is … conducive to long-term investments in new business activities. This way, the development of innovation policy in SMEs forms an …

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In … practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to … make up for this neglect by scrutinizing in what direction industry characteristics influence optimal patent strength. It …