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Selection biases in complementary R&D projects

Choi, Jay Pil; Gerlach, Heiko A. - 2011

This paper analyzes selection biases in the project choice of complementary technologies that are used in combination to produce a final product. In the presence of complementary technologies, patents allow innovating firms to hold up rivals who succeed in developing other system components....

Persistent link: https://www.econbiz.de/10009124223

Intellectual Property and Antitrust Limitations on Contract : Comment

Holian, Matthew John; Nguyen, Neil N.H - 2010

In their chapter in Dynamic Competition and Public Policy (2001, Cambridge University Press), Burtis and Kobayashi never defined their model’s discount rate, making replicating their simulation results difficult. Through our own simulations, we were able to verify their results when using a...

Persistent link: https://www.econbiz.de/10014192104

Market Structure, Organizational Structure, and R&D Diversity

Farrell, Joseph; Gilbert, Richard; Katz, Michael L. - 2004

We examine the effects of market structure and the internal organization of firms on equilibrium R&D projects. We compare a monopolist's choice of R&D portfolio to that of a welfare maximizer. We next show that Sah and Stiglitz's finding that the market portfolio of R&D is independent of the...

Persistent link: https://www.econbiz.de/10014073553

Innovation, competition and incentives for R&D

Wörter, Martin; Rammer, Christian; Arvanitis, Spyros - 2010

Persistent link: https://www.econbiz.de/10010277767

Innovation, competition and incentives for R&D

Wörter, Martin; Rammer, Christian; Arvanitis, Spyridon - 2010

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …&D investments in t+1, while high substitutability exerts negative incentives for future R&D investment. -- Innovation ; R …