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| Author: | O'Donoghue, T. |
| Title: | A patentability requirement for sequential innovation. |
| Journal: | RAND Journal of Economics
1998 : WIN, VOL. 29:4, p. 654-679 |
| Index terms: | Patents Technological innovation R&D |
| Language: | eng |
| Abstract: | The author investigates patent protection for a long sequence of innovations where firms repeatedly supersede each other. He proposes using a patentability requirement - a minimum innovation size required for patents. A patentability requirement can stimulate R & D investment and increase dynamic efficiency. |
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