Patent protection with a cooperative R&D option

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 116
Issue: 3
Pages: 469-471

Authors (2)

Che, XiaoGang (not in RePEc) Yang, Yibai (University of Macau)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Patent protection may decrease R&D incentives due to the tournament effect. In this paper, we show that patent protection in the presence of a cooperative R&D option always increases the R&D incentive. In addition, this option dominates imitation to increase the R&D incentive under patent protection, and may also dominate royalty licensing depending on the R&D cost.

Technical Details

RePEc Handle
repec:eee:ecolet:v:116:y:2012:i:3:p:469-471
Journal Field
General
Author Count
2
Added to Database
2026-01-25