We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators …

We present a formal model of symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and …

own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … firm manages its rival’s beliefs about the size of the innovation, and affects the incentives in the product market … ; oligopoly ; product differentiation ; entry ; asymmetric information ; strategic disclosure ; stochastic patent ; trade secret …