the appropriate spillover pool based on backward citations which reflect channels for learning between firms. Using panel …

agents to a different job deletes learning effects about ability, creating fresh impetus for effort. However, job rotation …

This paper develops an innovation model where firms choose which research paths to follow. Contrary to most of the … literature which focuses only on the level of investment in innovation, this model captures both the variety of research paths …

This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity a merger reduces innovation in both the merged entity and in non-merging competitors in an industry with high R …

This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …) effects. Compulsory licensing is shown to have an unambiguously positive impact on consumer surplus. Compulsory licensing has …

Successful innovation is a precondition for economic prosperity. While various potential determinants of innovative …

can be controlled by reducing the pollution intensity of a given quantity through costly research (green innovation) and … implies that the rate of GDP growth remains below productivity growth (deceleration). While neither green innovation nor …

This article analyzes the effects of intellectual property rights protection on innovation in a quality-ladder model in … monopoly innovator, we show that reducing IP protection can increase the average innovation rate by regularly destroying … innovation rate, however, increases in the strength of IP protection for most market structures. In each case, we derive the …