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This paper studies how the imperfect collateral assignments of patents contribute to "deep pockets'' savings of innovative firms facing random investment opportunities in research and development (R&D) and determine the growth of their innovations, using a version of the Kiyotaki and Moore...
Persistent link: https://www.econbiz.de/10009021740
This paper studies how the imperfect collateral assignments of patents contribute to "deep pockets'' savings of innovative firms facing random investment opportunities in research and development (R&D) and determine the growth of their innovations, using a version of the Kiyotaki and Moore...
Persistent link: https://www.econbiz.de/10008794903
Dans le cadre d´un modèle de croissance endogène fondé sur l´innovation, cet article compare deux modes de financement … grande banque fournit l´ensemble des prêts. Il existe deux types de projets d´innovation, un de court terme et un de long … conduit à écarter les projets d´innovation de long terme, même lorsqu´ils sont profitables, pour privilégier les projets de …
Persistent link: https://www.econbiz.de/10010750837
other with probabilistic success. The market structure results from stochastic innovation and patent litigation. Depending … on the level of infringement fees, we highlight positive and negative effects of litigation threats on innovation. We …
Persistent link: https://www.econbiz.de/10008788919
From the perspective of antitrust authorities, the multiplication of patents embodied in technology standards is a source of concerns. Certainly it is necessary and efficient that patents owners derive a revenue from the use of the standard. Yet by their function - ensuring compatibility between...
Persistent link: https://www.econbiz.de/10008789156
This paper explores which patent policy should be applied to complementary innovations that are aggregated into broader technologies. I compare a setting in which complementary innovations must be bundled prior to patenting, with a second setting in which they can be patented separately. The...
Persistent link: https://www.econbiz.de/10008792413