search query: @author Kanniainen, V. / total: 18
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| Author: | Takalo, T. Kanniainen, V. |
| Title: | Do patents slow down technological progress? Real options in research, patenting, and market introduction |
| Journal: | International Journal of Industrial Organization
2000 : OCT, VOL. 18:7, p. 1105-1128 |
| Index terms: | PATENTS OPTIONS TECHNOLOGY |
| Language: | eng |
| Abstract: | This paper challenges the widely held view in the industrial organization literature that patents always speed up technological progress. The authors introduce a model of an innovating firm with uncertain property right to its innovation. The impact of a commitment to an R&D project is to create future options for patenting and market introduction. Each decision undertaken will change the conditions in which the innovator operates. |
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