International Standards for IP Protection and R&D Incentives Revisited |
| |
Authors: | Adams Laurel A |
| |
Institution: | (1) Kellogg Graduate School of Management, Northwestern University, 2001 Sheridan Road, Evanston, Illinois, 60208. E-mail |
| |
Abstract: | Aoki and Prusa (1993), Journal of International Economics, examine the effects of differing standards of IPRs protection on the R&D intensity of home country firms. This paper builds on this work by examining the R&D outcomes of home country firms when foreign rivals imitate rather than innovate. In infant industries, full commitment to discriminatory protection always leads to the most R&D. In mature industries, full commitment to discriminatory protection leads to reduced R&D intensity. This contrasts with the dynamic case where discriminatory protection, by relaxing a binding cash in advance constraint, leads to more R&D than does uniform protection. |
| |
Keywords: | innovation imitation discriminatory IPRs protection |
本文献已被 SpringerLink 等数据库收录! |
|