Add to ORKGThis paper considers three firms that engage in an R&D contest to develop a new profitable technology. For a broad range of parameters, the firm that leads the contest (i.e., has the highest probability of success) is better-off licensing or selling its superior interim knowledge to one of the two lagging firms or to both rather than holding on to its lead. Although transferring interim R&D knowledge to the lagging firms erodes the technological lead of the leading firm, it allows it to extract rents from its rivals and can possibly create value by increasing the chance that the licensee(s) will develop the new technology when the leading firm fails
The question this paper addresses is how the market structure evolves due to innovative activities w...
This paper analyses technology transfer and innovation activities by the high cost firm in a Cournot...
Patent race models assume that an innovator wins the only patent covering a product. But when techno...
This paper considers three \u85rms that engage in an R&D contest to develop a new commercial tec...
The paper considers a patent race in which firms do not know their relative positions. In this setti...
In this Note we consider an economy composed by two firms; a leader and a follower, that invest in R...
R&D is an inherently dynamic process which typically involves different intermediate stages that...
Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives...
The authors study the rivalry between two firms to develop an innovation in a dynamic setting that a...
R&D is an inherently dynamic process which involves different intermediate steps that need to be dev...
R&D is an inherently dynamic process which involves different intermediate steps that need to be dev...
R&D is an inherently dynamic process which typically involves different intermediate stages that...
This paper describes R&D competition between a managerial firm and an entrepreneurial one, in a Cour...
In this theoretical article, we examine the effect of competition on a firm's investment in 'R&D cap...
This is the author accepted manuscript. The final version is available from INFORMS via the DOI in t...
The question this paper addresses is how the market structure evolves due to innovative activities w...
This paper analyses technology transfer and innovation activities by the high cost firm in a Cournot...
Patent race models assume that an innovator wins the only patent covering a product. But when techno...
This paper considers three \u85rms that engage in an R&D contest to develop a new commercial tec...
The paper considers a patent race in which firms do not know their relative positions. In this setti...
In this Note we consider an economy composed by two firms; a leader and a follower, that invest in R...
R&D is an inherently dynamic process which typically involves different intermediate stages that...
Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives...
The authors study the rivalry between two firms to develop an innovation in a dynamic setting that a...
R&D is an inherently dynamic process which involves different intermediate steps that need to be dev...
R&D is an inherently dynamic process which involves different intermediate steps that need to be dev...
R&D is an inherently dynamic process which typically involves different intermediate stages that...
This paper describes R&D competition between a managerial firm and an entrepreneurial one, in a Cour...
In this theoretical article, we examine the effect of competition on a firm's investment in 'R&D cap...
This is the author accepted manuscript. The final version is available from INFORMS via the DOI in t...
The question this paper addresses is how the market structure evolves due to innovative activities w...
This paper analyses technology transfer and innovation activities by the high cost firm in a Cournot...
Patent race models assume that an innovator wins the only patent covering a product. But when techno...