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Product innovation with vertical differentiation : is a monopolist's incentive weaker?

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Leading patent breadth, endogenous quality choice, and economic growth

Suzuki, Keishun; Kishimoto, Shin - 2023

protection can stimulate innovation. However, the empirical literature has consistently found skeptical results on the positive … our model, broadening leading breadth can negatively affect innovation because each innovator is incentivized to free …

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