Article ID Journal Published Year Pages File Type
5060397 Economics Letters 2012 4 Pages PDF
Abstract
► An outside innovator can first auction off its patent rights to one incumbent firm. ► With this strategy a lab has a higher incentive to innovate than an incumbent firm. ► This strategy is better for outside innovators of significant innovations.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Selling patent rights and the incentive to innovate
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