This collection investigates the phenomenon of ""Open Innovation,"", in which firms draw on research and development that may lie outside their own boundaries. The book's contributors link the practice of innovation to the established body of innovation rsearch, showing what's new and what's...

Many high technology goods are based on standards that require several essential patents owned by different IP holders. This gives rise to a complements and a double mark-up problem. We compare the welfare effects of two different business strategies dealing with these problems. Vertical...