Showing 1 - 10 of 28
innovation in high-technology markets. Traditionally, regulators focused on whether companies artificially hiked prices or … reduced output. Now, they're increasingly likely to look first at whether corporate behavior aids or impedes innovation. In … this paper, we examine whether innovation has displaced short-term price effects as the focus of antitrust enforcement by …
Persistent link: https://www.econbiz.de/10010537954
As patent data become more available in machine-readable form, an increasing number of researchers have begun to use measures based on patents and their citations as indicators of technological output and information flow. This paper explores the economic meaning of these citation-based patent...
Persistent link: https://www.econbiz.de/10010537967
breadth, and in Section IV we turn to the special problems that arise when innovation is cumulative. In Section V, we …
Persistent link: https://www.econbiz.de/10010537982
higher rewards where "ideas are scarce." We then explore how rewards should be structured when the value of an innovation … comes from its applications, and ideas for the innovation may be more or less scarce than ideas for the applications. …
Persistent link: https://www.econbiz.de/10010537988
decision itself. This paper discusses the likely impact of these patents on innovation. It first reviews the facts about … system and innovation. It concludes by finding some consensus in the literature about the problems associated with this …
Persistent link: https://www.econbiz.de/10010537990
As patent data become more available in machine-readable form, an increasing number of researchers have begun to use measures based on patents and their citations as indicators of technological output and information flow. This paper explores the economic meaning of these citation-based patent...
Persistent link: https://www.econbiz.de/10010537996
This paper presents an equilibrium model in which the process of firm formation and technology adoption is endogenous. Individuals decide whether to work in an existing firm for a posted wage, or to establish a new firm. Entrepreneurs hire a single worker and choose a production technology from...
Persistent link: https://www.econbiz.de/10010538005
In a winner-take-all duopoly market for systems in which firms invest to improve their products, a vertically integrated monopoly supplier of an essential system component may have an incentive to advantage itself by technological tying; that is, by designing the component to work better in its...
Persistent link: https://www.econbiz.de/10010538403
higher rewards where "ideas are scarce." We then explore how rewards should be structured when the value of an innovation … comes from its applications, and ideas for the innovation may be more or less scarce than ideas for the applications. …
Persistent link: https://www.econbiz.de/10010538426
innovation in high-technology markets. Traditionally, regulators focused on whether companies artificially hiked prices or … reduced output. Now, they're increasingly likely to look first at whether corporate behavior aids or impedes innovation. In … this paper, we examine whether innovation has displaced short-term price effects as the focus of antitrust enforcement by …
Persistent link: https://www.econbiz.de/10010538435