The imperfect appropriability of revenues from innovation affects the incentives of firms to invest, and to disclose … information about their innovative productivity. It creates a free-rider effect in the competition for the innovation that … strategic disclosure for the firms.profits and the probability of innovation. …

Innovation is critical to technological progress and has many theories to explain its processes. Organised competition … has been shown empirically to provide an alternative pathway for innovation within an industry, increasing innovation … rates and radicalness. This research introduces and develops the new staged competition innovation theory which builds on …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … allows followers to catch up. Contrary to the benchmark case the leader's innovation effort declines with the lead. This …

intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot …