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, results in a higher level of innovation. …
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In this paper we contribute to the discussion on whether intellectual property rights foster or hinder innovation by … means of a laboratory experiment. We introduce a novel Scrabble-like creativity task that captures most essentialities of a … sequential innovation process. We use this task to investigate the effects of intellectual property allowing subjects to assign …
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In a globalized world where the free-flow of creative thinking and new ideas carries a price tag, intellectual property (IP) plays a pivotal role. To lay ground rules and standardize intellectual property rights, members of the global community have devised international bodies like the World...
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