کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5078226 | 1477339 | 2011 | 12 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Efficient division of profits from complementary innovations
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
⺠Complementary technologies must be discovered to produce a commercial product. ⺠Firms engaged in research have incentives to preempt competitors, but also to free ride on the activities of firms that discover complementary innovations. ⺠With one remaining discovery, there is a unique payoff function that supports efficient investment under some assumptions. ⺠With Poisson discovery and no flow costs, the payoff function that supports efficient investment with one remaining discovery also supports efficient investment with any number of remaining discoveries. ⺠Common payoff rules, such as equal profit per patent or equal profit per innovator, generally do not support efficient investment to discover complementary technologies.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 29, Issue 4, July 2011, Pages 443-454
Journal: International Journal of Industrial Organization - Volume 29, Issue 4, July 2011, Pages 443-454
نویسندگان
Richard J. Gilbert, Michael L. Katz,