three years after patent expiration and examine whether there is a first mover advantage. Pharmaceutical markets experience … the entry of numerous generic firms upon expiration of the brand firm’s patent. Design/methodology/approach – A random … the brand drug lost patent exclusivity between 1992 and 2000. Findings – Strong evidence that the early generic entrant …

Purpose The purpose of this paper is to use a dynamic model of optimal patent design and, in the presence of … earlier-expiring patent only chooses to proceed with R&D activates when the patent it holds expires if the expected discounted … models of patent design, the role of competitive fringe firms is discussed implicitly. The model presented in this research …

based on an in-depth patent data analysis and confirm the importance of clusters in an innovation-driven industry … clusters abroad. The results are based on an in-depth patent data analysis and confirm the importance of clusters in an …