Article ID Journal Published Year Pages File Type
5062686 Economics Letters 2006 7 Pages PDF
Abstract

In patent race models, firms' noncooperatively chosen research projects typically display too much correlation. But when there are multiple intellectual property rights protection instruments, we find that the paths chosen in an R&D race can move towards the social optimum.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Patents, trade secrets and the correlation among R&D projects
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