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It has been commonly argued that the decision of a large number of inventors to license complementary patents necessary for the development of a product leads to excessively large royalties. This well-known Cournot-complements or royalty-stacking effect would hurt efficiency and downstream...
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When the home country introduces a patent law after the winner of the patent race is known the country's welfare may rise only if the domestic firm wins. If the home country decides before the patent race ends, the welfare may be increased when the probability that the domestic firm wins is...
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property and research and development Features mathematics appendix and keywords and questions to assist learning and teaching …
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The book investigates the interplay of brand equity and technological assets at the corporate level. In a grounded theory approach it develops a model of how companies in technology intensive industries can improve the appropriation of the returns of their intangible technological assets with...
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research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities … some features of an optimal research policy. …
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positively related to research and development investments, while openness to trade has a negative effect. I also find the …. However, in both sub-samples, research and development investments Granger-cause intellectual property protection levels …, whereas surprisingly, intellectual property protection does not Granger-cause research and development investments. …
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