Title of article
Patents and R&D: The tournament effect
Author/Authors
Prabal Roy Chowdhury، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
7
From page
120
To page
126
Abstract
We identify a new route through which patent protection may affect R&D incentives, the tournament effect. It may decrease R&D incentives, in which case patent protection may either adversely affect the level of R&D, or may discourage licensing. In either case, welfare may fall.
Keywords
Patents , R&D incentive , Tournament effect , licensing
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435778
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