Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549335 | Economics Letters | 2005 | 7 Pages |
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Prabal Roy Chowdhury,