How do firms decide to innovate? The balance between competition and innovation protection
Lagarde, Marin
How do firms decide to innovate? The balance between competition and innovation protection - 2024.
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The microeconomic approach to innovation asks how a firm decides whether to innovate, and how it reacts to the strategic behavior of its competitors. A firm innovates if it gains from doing so by collecting a monopoly rent. Economic analysis suggests that a balance between promoting competition and protecting innovation is needed to best foster the dynamics of innovation.
How do firms decide to innovate? The balance between competition and innovation protection - 2024.
77
The microeconomic approach to innovation asks how a firm decides whether to innovate, and how it reacts to the strategic behavior of its competitors. A firm innovates if it gains from doing so by collecting a monopoly rent. Economic analysis suggests that a balance between promoting competition and protecting innovation is needed to best foster the dynamics of innovation.
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