ensuing innovation race, firms interact through information spillovers resulting from the imperfect appropriability of … behavioural regularities of agents who are engaged in innovation activities. As a key element we test to what extend relative … economic performance exercises a stimulating effect on the implementation of innovation and imitation strategies. …

innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …