regulation, namely license requirements for certain firm activities, on the innovation performance of Indian firms. First it … panel data set, it shows that removal of license requirements led to roughly 5 percentage points faster innovation rates … where innovation is measured as introduction of new product varieties that had not existed in the market. The results are …

tacit knowledge and incomplete patents. -- Patent Pools ; Research and Development ; Innovation ; Tacit Knowledge …The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary …, since the pool avoids a double-marginalization problem associated with independent licensing. This conventional wisdom …