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Patents and R&D: The tournament effect

Article ID Journal Published Year Pages File Type
9549335 Economics Letters 2005 7 Pages PDF
Abstract
We identify a new route through which patent protection may affect R&D incentives, the tournament effect. It may decrease R&D incentives, in which case patent protection may either adversely affect the level of R&D, or may discourage licensing. In either case, welfare may fall.
Keywords
O38O31O34PatentsLicensing
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Patents and R&D: The tournament effect
Authors
Prabal Roy Chowdhury,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
O38
O31
O34
Patents
Licensing
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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