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 …

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 …

This paper investigates the effect of market size on innovation activities across different durable good industries in … increase in labour productivity by 6.5% and an increase in the likelihood of a successful product innovation by about 1 …

An introduction to innovation and policy / Louise Earl and Fred Gault -- What do we know about innovation and socio …-economic change? : lessons from the TEARI Project / Jan Fagerberg -- The role of benchmarks and targets in Canadian innovation policy … / Surendra Gera, Richard Roy and Thitima Songsakul -- Innovation in enterprise clusters : evidence from Dutch manufacturing …

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 …

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

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 …

of our time. SMEs that grow have a considerable positive impact on employment creation, innovation, productivity growth … and competitiveness. While the population of SMEs is very diverse, innovation and scale-up are at the reach of many SMEs … entrepreneurship competencies, management and workforce skills, technology, innovation, and networks, is also critical to enable SME …