Che, Xiaogang; Yang, Yibai - Volkswirtschaftliche Fakultät, … - 2009
We investigate R&D incentive under patent protection with cooperation option. Chowdhury [Economics Letters, 2005, 89 …(1), 120-126] claims that patent protection may decrease R&D incentive when the tournament effect (TE) is negative. However, We … show that patent protection in the presence of R&D cooperation option always increases R&D incentive. In addition, to …