outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary … innovation is not the same innovation freely available but the unchanged generic technology. Growth is concentrated in any …

We build a dynamic duopoly model that accounts for the empirical observation of monopoly persistence in the long run …. Contrary to the predictions of the static model, strategic predation that leads to the persistence of monopoly is in general …

In this paper we study the welfare effect of a monopoly innovation. Unlike many partial equilibrium models carried out …, the criticism against monopoly innovation based on its increased dead weight loss is less accurate as previously …, technical innovation carried out by a monopolist could significantly increase the social welfare. We conclude that, in general …

which innovativeness was a successful defense to monopolization charges, the success of remedies in correcting monopoly … problems, their impact on incentives for continuing innovation, and the ability of the courts to deal with complex … hightechnology issues. It concludes that the courts are indeed capable of analyzing innovation - monopolization tradeoffs, but that …

This paper extends the Schumpeterian model of creative destruction by allowing followers' cost of innovation to …

. The patenting monopoly, which is almost certainly undesirable, is now being eroded. Rising global trade and technological …