Moschini, GianCarlo; Yerokhin, Oleg - Center for Agricultural and Rural Development (CARD), … - 2007
frame the problem as a research and development (R&D) investment game in a duopoly model of sequential innovation. We … model of sequential innovation. We
characterize the incentives to invest in R&D under two competing IPR regimes, which … equilibrium,
patents, research exemption, R&D, sequential innovation.
JEL Classification: L00, O31, O34, Q28
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