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Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping generative AI advances. Central to our analysis are the concepts of appropriability--whether firms in the industry are able to control the knowledge generated by their innovations--and...
Persistent link: https://www.econbiz.de/10014544752
We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that...
Persistent link: https://www.econbiz.de/10011409970
software industry, more digital by its nature, it is nowadays the standard to use version control systems such as git, with …, software, music, news, and videos (Waldfogel, 2017; Wu and Zhu, 2022). Three of the top 10 of the global 2000 list by Forbes in …
Persistent link: https://www.econbiz.de/10015271941
Persistent link: https://www.econbiz.de/10011577188
This research-in-progress aims to indentify the salient factors explaining adoption of open source software (OSS), as a …
Persistent link: https://www.econbiz.de/10014159227
We consider openness in private and socially optimal licenses under conditions where network effects and multiperiod innovation are both possible. For private firms, we model a variety of possible business models from completely closed to fully open, and find that opening a platform can increase...
Persistent link: https://www.econbiz.de/10014028541
There is considerable debate regarding the use of intellectual property rights (IPR) to spur innovation in the software … developing a growth optimal mixture of open source and closed source software. This optimal scenario is then used as a basis to … examine the co-existence of open and closed source software within various institutional frameworks ranging from no protection …
Persistent link: https://www.econbiz.de/10013071079
In this paper I study how innovation investment in a software duopoly is affected by the fact that one of the firms is … technological levels. An OS firm is a for profit organization whose basic software is OS and it is distributed for free. The OS firm …, however, is able to make profits from selling complementary software and, on the cost side, it receives development help from …
Persistent link: https://www.econbiz.de/10014203501
The rapid emergence of open source software has generated significant debate over its effect on software innovation …. The goal of this paper is to explore the impact of open source software innovation on a mixed market also containing … proprietary software, and to compare this market with a pure market in which only proprietary software firms exist. Building upon …
Persistent link: https://www.econbiz.de/10013095927
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