This paper analyzes the optimal protection strategy for an innovator of a complex innovation who faces the risk of … imitation by a competitor. We suppose that the innovation can be continuously fragmented into sub-innovations. We characterize … fraction of the innovation once. We also study the optimal dynamic patenting policy in a soft novelty regime, when the …

Creativity and innovation play increasingly important roles in modern societies. In both developed and developing … innovation to our economies, the concept of creative economies remains somewhat underdeveloped and underutilized, largely due to …