search query: @journal_id 788 / total: 123
reference: 106 / 123
| Author: | Choi, J. |
| Title: | Dynamic R&D competition, research line diversity, and intellectual property rights |
| Journal: | Journal of Economics & Management Strategy
1993 : SUMMER, VOL. 2:2, p. 277-297 |
| Index terms: | R&D COMPETITION PROPERTY RIGHTS INTELLECTUAL PROPERTY LAW |
| Language: | eng |
| Abstract: | This paper develops a simple model of sequential innovations with a diversity of research lines. Competitive strategies of firms for R&D are analyzed at each stage in a sequence of innovations. The author compares two alternative regimes of enforcing patent law, as a mechanism to provide adequate incentives for R&D at each stage. The regime that protects the research line gives monopoly rights to an entire line of research, hence limiting the utilization of the previous knowledge and retarding subsequent innovations. |
SCIMA