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This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent's pro t increase from innovation is large and the patented technology has a small advantage over the alternative …
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This essay studies the optimal timing for a firm to adopt a new process innovation in the presence of learning. A …
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