Uncertain Patent Scope and R&D Investment

This paper introduces uncertainty of patent scope in examining R&D investment decisions in pursuit of an uncertain innovation. We find that an increase in the probability of scope protection increases research spending. This finding is opposite of the well-known effect that increased rivalry has on R&D spending.

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Year of publication:	2002
Authors:	Goel, Rajeev K.
Published in:	Economia Internazionale / International Economics. - Camera di Commercio di Genova. - Vol. 55.2002, 1, p. 17-24
Publisher:	Camera di Commercio di Genova
Subject:	Patent Scope \| R&D Investment \| Uncertainty

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Type of publication:	Article
Classification:	L00 - Industrial Organization. General ; O30 - Technological Change; Research and Development. General
Source:	RePEc - Research Papers in Economics

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