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I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non-contractible investment. In equilibrium,...
Persistent link: https://www.econbiz.de/10008756407
This article presents a method for valuing software based on the income that use of that software is expected to … present value, and the like, are applied, always focusing on the benefits and costs of software. A major issue, not dealt with … in the literature of valuing intangibles, is that software is continually upgraded. Applying depreciation schedules is …
Persistent link: https://www.econbiz.de/10009643200
In this paper we contend that – contrary to what argued by a vast part of the literature – computer software and, more … concerned, this means that innovative activities in computer software are characterized by high degrees of interdepen- dencies … appropriate for computer software, as it may decrease both ex-ante incentives to innovation and ex-post efficiency of diffusion …
Persistent link: https://www.econbiz.de/10008685169
This paper proposes a common analysis for a large set of multilateral agreements that are used to collectively manage intellectual property in industries as different as biotechnologies or information technologies. It discusses how these agreements, based on existing intellectual property...
Persistent link: https://www.econbiz.de/10005464653
This paper estimates a private school learning premium in Tanzania by implementing a flexible value-added model with unique administrative data on exam scores. The dataset covers 635,000 secondary school students with information on both their primary and lower secondary school exam records,...
Persistent link: https://www.econbiz.de/10011943888
This paper studies the location decisions of Swedish start-up independent schools. It makes use of the great expansion of independent schools following a reform implemented in 1992 to test what local market characteristics are correlated with independent school entry. The results suggest that...
Persistent link: https://www.econbiz.de/10012039297
This paper studies the location decisions of Swedish start-up independent schools. It makes use of the great expansion of independent schools following a reform implemented in 1992 to test what local market characteristics are correlated with independent school entry. The results suggest that...
Persistent link: https://www.econbiz.de/10012145469
independent schools, and we cannot rule out that all of the independent school advantage reflects more generous grading standards … stricter grading standards. …
Persistent link: https://www.econbiz.de/10012425586
independent schools, and we cannot rule out that all of the independent school advantage reflects more generous grading standards … stricter grading standards. …
Persistent link: https://www.econbiz.de/10012615439
The ongoing restructuring of the electricity sectors in many countries raises the policy question of to what extent the public generating assets should be privatized and what the objective function of any remaining public generation companies should be. We analyze the optimal regulatory policy...
Persistent link: https://www.econbiz.de/10005787107