Atallah, Gamal - Département d'Économie / Department of Economics, … - 2004
This paper proposes a model where firms invest in secrecy to limit technological spillovers accruing to their … competitors, in addition to investing in cost-reducing R&D. The main result of the paper is that increases in spillovers increase … higher levels of innovation and lower levels of secrecy. An increase in the size of the market, a reduction in the cost of …