We analyze a sequential innovation model and show that narrow patent rights can facilitate a market in which startups’ patents are traded as negotiating assets.
The present paper examines the firms' incentives to adopt a new cost reducing technology in vertically related markets, as well as, the effects of the vertical relations on the firms' timing of adoption.
In this article we investigate the role of information transmission in promoting agricultural technology adoption and diffusion. We study the influence of two information channels, namely extension services and social learning.
The present study aims to empirically analyze the competing effects of social interactions and conversion subsidies on the adoption of organic farming practices.
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