| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5075823 | Information Economics and Policy | 2010 | 7 Pages |
Abstract
With a single innovating firm facing only technological uncertainty, piracy unambiguously retards innovation. However, with R&D competition where firms face both market and technological uncertainties, we show that if the two firms differ “significantly” with respect to the efficiency in R&D investment, then piracy increases the R&D investment of the less efficient firm and reduces that of the more efficient firm. In this case piracy enhances the overall probability of a successful innovation.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Management of Technology and Innovation
Authors
Dyuti Banerjee, Ishita Chatterjee,