R&D incentives to cooperate and invest with licensing

被引:3
|
作者
Capuano, Carlo [1 ]
Grassi, Iacopo [2 ]
机构
[1] Univ Naples Federico II, Complesso Univ Monte S Angelo, Dept Econ & Stat DISES, Via Cinthia, Naples, Italy
[2] Univ Naples Federico II, Dept Polit Sci, Naples, Italy
关键词
Innovation; licensing; R&D cooperation; R&D expenditure; RESEARCH JOINT VENTURES; SPILLOVERS; DUOPOLY; INNOVATION; SUBSIDIES;
D O I
10.1080/10438599.2020.1841941
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, we evaluate the private incentive to cooperate comparing three different scenarios (R&D cooperation, and R&D competition with and without licensing), in terms of expected profits, industry probability of innovation, and expected welfare. We show that the feasibility of licensing increases the appropriability of returns and may stimulate R&D investment; moreover, licensing an innovation may lead to the highest social welfare. However, some conflict may emerge between the public and private incentive to license the innovation, and between different policy targets.
引用
收藏
页码:539 / 551
页数:13
相关论文
共 50 条
  • [31] DOE TO INVEST $336 MILLION IN R&D HUBS
    不详
    [J]. CHEMICAL & ENGINEERING NEWS, 2010, 88 (02) : 26 - 26
  • [32] Do Government Incentives to Promote R&D Increase Private R&D Investment?
    Choi, Jieun
    [J]. WORLD BANK RESEARCH OBSERVER, 2022, 37 (02): : 204 - 228
  • [33] On the prisoner's dilemma in R&D with input spillovers and incentives for R&D cooperation
    Burr, Chrystie
    Knauff, Malgorzata
    Stepanova, Anna
    [J]. MATHEMATICAL SOCIAL SCIENCES, 2013, 66 (03) : 254 - 261
  • [34] Fragmented property rights and incentives for R&D
    Clark, Derek J.
    Konrad, Kai A.
    [J]. MANAGEMENT SCIENCE, 2008, 54 (05) : 969 - 981
  • [35] Firm size and R&D tax incentives
    Koga, T
    [J]. TECHNOVATION, 2003, 23 (07) : 643 - 648
  • [36] Tax incentives ... or subsidies for business R&D?
    Busom, Isabel
    Corchuelo, Beatriz
    Martinez-Ros, Ester
    [J]. SMALL BUSINESS ECONOMICS, 2014, 43 (03) : 571 - 596
  • [37] Patent privateering, litigation, and R&D incentives
    Lemus, Jorge
    Temnyalov, Emil
    [J]. RAND JOURNAL OF ECONOMICS, 2017, 48 (04): : 1004 - 1026
  • [38] Incentives for R&D for New Antimicrobial Drugs
    Towse, Adrian
    Sharma, Priya
    [J]. INTERNATIONAL JOURNAL OF THE ECONOMICS OF BUSINESS, 2011, 18 (02) : 331 - 350
  • [39] Patent litigation insurance and R&D incentives
    Buzzacchi, Luigi
    Scellato, Giuseppe
    [J]. INTERNATIONAL REVIEW OF LAW AND ECONOMICS, 2008, 28 (04) : 272 - 286
  • [40] When Spillovers Enhance R&D Incentives
    Rittwik Chatterjee
    Srobonti Chattopadhyay
    Tarun Kabiraj
    [J]. Journal of Quantitative Economics, 2019, 17 : 857 - 868