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between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …
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In a globalized world where the free-flow of creative thinking and new ideas carries a price tag, intellectual property (IP) plays a pivotal role. To lay ground rules and standardize intellectual property rights, members of the global community have devised international bodies like the World...
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