In this paper we contribute to the discussion on whether intellectual property rights foster or hinder innovation by … sequential innovation process. We use this task to investigate the effects of intellectual property allowing subjects to assign … innovation paths. Subjects act more self-reliant and non-optimally in order to avoid paying license fees. Our results suggest …

potentially lessen incentives for innovation and on abuse of dominance/single firm exclusionary practices in IP-intensive network … importance for economic advancement and prosperity, having a direct bearing on innovation, growth and the diffusion of new …