Malla, Stavroula; Gray, Richard S. - Agricultural and Applied Economics Association - AAEA - 2007
The paper examine the economic impact of pricing and access to basic research IP. The analysis uses a Sallop circle … conditions basic research IP spillovers will create rents for the applied research sector, which are dissipated through socially … excess firm entry. Charging a price or restricting access to basic research IP could enhance social welfare. …