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This paper develops and analyzes a macroeconomic model in which aggregate growth and fluctuations arise from the discovery and diffusion of new technologies; there are no exogenous aggregate shocks. The temporal behavior of aggregates is driven by individuals' efforts to innovate and/or make use...
Persistent link: https://www.econbiz.de/10014047269
potentially lessen incentives for innovation and on abuse of dominance/single firm exclusionary practices in IP-intensive network … importance for economic advancement and prosperity, having a direct bearing on innovation, growth and the diffusion of new …
Persistent link: https://www.econbiz.de/10011723874
innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new …
Persistent link: https://www.econbiz.de/10013277440
, results in a higher level of innovation. …
Persistent link: https://www.econbiz.de/10011523640
-period competition, but simultaneously removes constraints to successful future innovation. The choice of whether to vigorously pursue … (2007) to study patent litigation strategy and rates of innovation. We show that a legal regime where infringement is … strategy effect may reduce levels of innovation. Antitrust policy should seek to attenuate this effect, and may do so by …
Persistent link: https://www.econbiz.de/10012867796
innovation with SEPs generates greater social welfare than a less efficient standard without SEPs. A key finding is that voting …
Persistent link: https://www.econbiz.de/10012967541
I introduce and analyze an equilibrium model of discovery, innovation, patenting and infringement. Firms that innovate …
Persistent link: https://www.econbiz.de/10014178279
This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …
Persistent link: https://www.econbiz.de/10014226110
to identifying a specific channel through which legal protections affect incentives for innovation and R&D, our results …
Persistent link: https://www.econbiz.de/10014134557
We propose a novel model of knowledge discovery shedding light on the emergence of General Purpose Technologies (GPTs), the process which has been largely neglected in the literature on technological change. We demonstrate that GPTs emerge only when certain conditions with regard to the...
Persistent link: https://www.econbiz.de/10011557196