incumbents. We examine the role in catch-up of late movers' optimal resource allocation between innovation and imitation … either imitation or innovation deters technological leadership change by late movers in the long run, since the leading firms … allocate more R&D resources to innovation and attempt technological leapfrogging. This transition from imitation to innovation …

Schumpeterian competition in which incumbents and latecomers compete with innovation and imitation R&D. First, the results suggest … opposing effects exist by exploring latecomers' R&D allocation between innovation and imitation. The results highlight that …

imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …

between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …

because it expires or because a noninfringing innovation displaces its product in the market. We define the length of time …

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

An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … firm manages its rival’s beliefs about the size of the innovation, and affects the incentives in the product market … ; process innovation ; imitation …

We examine the effects of that government policy change and assess how it has impacted firm innovation. To address …

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