Showing 1,541 - 1,550 of 1,714
This paper examines how the role of patents and utility models in innovation and economic growth varies by level of economic development. Using a panel dataset of over 70 countries, we find that patent protection is an important determinant of innovation and that patentable innovations...
Persistent link: https://www.econbiz.de/10010576707
R&D, and their inventions are subject to imitation. Nevertheless, the previous literature focuses on North–South setups … and developing countries, we extend this literature to allow not only for southern innovation and imitation of northern … goods, but also for imitation targeted at southern innovations. We find the effects of IPRs on R&D and welfare to be non …
Persistent link: https://www.econbiz.de/10010580681
This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited a priori information. The econometrics hinges on a...
Persistent link: https://www.econbiz.de/10010704409
In the policy debate, intellectual property is often justified by what seems to be a straightforward argument: if innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in most industries for most potential users, appropriating...
Persistent link: https://www.econbiz.de/10010720409
There is a wide literature about the behaviour of agents in a stock-market in the presence of imitation phenomena. Some …
Persistent link: https://www.econbiz.de/10010816717
The term ‘sustainable consumption’ denotes the search for consumption patterns that reduce human pressure on the environment and nature. This search involves three levels of research. First, the relationship between consumption, lifestyles and environmental sustainability has to be...
Persistent link: https://www.econbiz.de/10010822566
This article presents lessons from the rich adoption literature for the nascent research on adaptation. Individuals' adoption choices are affected by profit and risk considerations and by credit and biophysical constraints. New technologies spread gradually, reflecting heterogeneity among...
Persistent link: https://www.econbiz.de/10010823033
of simple imitation rules that includes tit-for-tat but also imitate-the-best and imitate-if-better. Every decision rule …
Persistent link: https://www.econbiz.de/10010826387
We analyze the dynamic interaction between imitation and myopic optimization in an environment of changing marginal …
Persistent link: https://www.econbiz.de/10008914344
common optimum. An agent may choose to learn via innovation (individual learning) or via imitation (social learning). The … agents are endowed with heterogeneous skills in engaging in the two modes of learning. When the agents choose imitation, they …
Persistent link: https://www.econbiz.de/10009002608