Our study explores how emerging country firms can utilize cooperative agreements with advanced country firms to adjust to the new environment, and uncovers the conditions under which cooperation becomes preferable to competitive rivalry for both parties
Using ten years of data on infringement lawsuits, the study reveals how firms that operate in distinctly different product markets attack each other in overlapping factor markets.
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 Bayh Dole Act has opened the way to the entrepreneurial university. However, considering that entrepreneurial universities are still concentrated around the US and Western Europe, this paper offers qualitative evidence as to transaction costs that may limit the global appeal of such institutions
We argue that the patent term change introduced in TRIPS in the US inadvertently offered a metric of self-valuation of patents.
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