Patent protection and innovation in a vertical structure

We show a new way through which patent protection affects innovation. We show that patent protection may reduce the final goods producers' incentives for innovation in industries with imperfectly competitive input markets. The input market structure may play an important role in this respect.

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Year of publication:	2012
Authors:	Basak, Debasmita ; Mukherjee, Arijit
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 32.2012, 1, p. 837-842
Publisher:	AccessEcon
Subject:	Patent protection \| Innovation \| Input market

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	O3 - Technological Change; Research and Development ; L1 - Market Structure, Firm Strategy, and Market Performance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009651874