Add to ORKGInnovation and the adoption of new ideas are fundamental to economic progress. Here we examine the underlying economics of the market for ideas. From a positive perspective, we examine how such markets function with and without government intervention. From a normative perspective, we examine the pitfalls of existing institutions, and how they might be improved. We highlight recent research by ourselves and others challenging the notion that government awards of monopoly through patents and copyright are ?the way? to provide appropriate incentives for innovation.Technological innovations ; Intellectual property
In this note, we try to evaluate how effective the patent system is in fostering innovation. We firs...
An extensive empirical literature indicates that returns from innovation are appropriated primarily ...
A commonly-cited finding in the innovation literature is that a monopoly tends to innovate too littl...
Abstract. In the modern theory of innovation, monopoly plays a crucial role both as a cause and an e...
Our objective in this paper is to review what economists have said about incentive schemes to promot...
Which kind of intellectual property regime is more favorable to innovation: one that enforces patent...
In this paper, we begin our analysis of copyrights and patents by asking: why should creators have t...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
This paper focus on the relationship between the right's aims of providing an incentive for creative...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
All creativity and innovation build on existing ideas. Authors and inventors copy, adapt, improve, i...
We construct a competitive model of innovation and growth under constant returns to scale. Previous ...
In traditional economics, the patent system has rested on a twofold justification: 1) The award of a...
In this note, we try to evaluate how effective the patent system is in fostering innovation. We firs...
An extensive empirical literature indicates that returns from innovation are appropriated primarily ...
A commonly-cited finding in the innovation literature is that a monopoly tends to innovate too littl...
Abstract. In the modern theory of innovation, monopoly plays a crucial role both as a cause and an e...
Our objective in this paper is to review what economists have said about incentive schemes to promot...
Which kind of intellectual property regime is more favorable to innovation: one that enforces patent...
In this paper, we begin our analysis of copyrights and patents by asking: why should creators have t...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
This paper focus on the relationship between the right's aims of providing an incentive for creative...
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face id...
All creativity and innovation build on existing ideas. Authors and inventors copy, adapt, improve, i...
We construct a competitive model of innovation and growth under constant returns to scale. Previous ...
In traditional economics, the patent system has rested on a twofold justification: 1) The award of a...
In this note, we try to evaluate how effective the patent system is in fostering innovation. We firs...
An extensive empirical literature indicates that returns from innovation are appropriated primarily ...
A commonly-cited finding in the innovation literature is that a monopoly tends to innovate too littl...