Market structure, incentive to patent and the pace of innovation

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

In a model of sequential innovations, it is shown that the simple monotone relationship between the number of firms and the speed of innovation [see, e.g., Loury (1979)] no longer holds if we explicitly take account of the incentive to patent.

Original languageEnglish
Pages (from-to)277-283
Number of pages7
JournalEconomics Letters
Volume34
Issue number3
DOIs
Publication statusPublished - 1990 Nov

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Innovation
Incentives
Sequential innovation
Patents
Market structure

All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

Cite this

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title = "Market structure, incentive to patent and the pace of innovation",
abstract = "In a model of sequential innovations, it is shown that the simple monotone relationship between the number of firms and the speed of innovation [see, e.g., Loury (1979)] no longer holds if we explicitly take account of the incentive to patent.",
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Market structure, incentive to patent and the pace of innovation. / Pil Choi, Jay.

In: Economics Letters, Vol. 34, No. 3, 11.1990, p. 277-283.

Research output: Contribution to journalArticle

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