cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by … lab. We find more appropriation but also more innovation than predicted by standard theory. In the lab, the prospect of … innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in …

patent protection? We argue that if innovation is both sequential and complementary--as it certainly has been in those … shows that in such a dynamic industry, patent protection may reduce overall innovation and social welfare. The natural …-licensing in these industries and a positive relationship between rates of innovation and firm entry …

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation …

the pharmaceutical industry. In this proposed theoretical and empirical work, innovation from the North, followed by … oligopolistic market induced by vertical innovation, tighter IPRs may hurt both economies; while in a monopolistic competition … market induced by horizontal innovation, tighter IPRs may benefit both economies as long as the degree of IPR protection is …

implications of innovation and imitation. However, neither Barone nor his epig- ones have been able to sufficiently "exploit" his … (provided by an inhomogeneous difference equation of the second order) of Barone’s key economic growth factors (innovation and … the occurrence of innovation) appears to follow a random walk (Germany, 2000–2017). …

not as well received on the stock market. -- Distance to frontier ; Strategy ; Market value ; Innovation ; Firm Growth …