We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary …

competition arising from trade reforms lead to increases in innovation? This paper attempts to examine the link between trade … liberalization and innovation using firm panel data on the Philippine manufacturing industry. With the framework of Impulliti and … Licandro (2009, 2010) as guide, a two-stage approach is tested where trade and innovation are linked via competition. A …

research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …

The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors. …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …