Karbowski, Adam and Prokop, Jacek (2018): Kartele i patenty a nakłady badawczo-rozwojowe przedsiębiorstw. Published in: Studia i Prace WNEIZ US , Vol. 3, No. 51 (2018): pp. 163-174.
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Abstract
The aim of this paper is to assess the impact of R&D cartel, full industry cartel, and patents on process innovation of companies, and consumer surplus, and total welfare. The reference scenario is here the Cournot rivalry without patent protection of inventions. In this paper, the quadratic costs of production of goods and R&D investments are assumed. The results of modelling and numerical analyses allowed to state that R&D cooperation (in the form of R&D cartel) is more effective and socially preferred instrument to stimulate innovation in the industry than interfirm rivalry motivated by patents. However, in industries characterized by relatively weak or medium knowledge spillovers, the most effective tool to enhance innovation is interfirm rivalry without patents. The latter constitutes one more argument against patents.
Item Type: | MPRA Paper |
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Original Title: | Kartele i patenty a nakłady badawczo-rozwojowe przedsiębiorstw |
English Title: | Cartels and patents, and R&D expenditures of companies |
Language: | Polish |
Keywords: | research and development; patents; cartels; Cournot competition; quadratic costs |
Subjects: | L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights |
Item ID: | 90181 |
Depositing User: | A. Karbowski |
Date Deposited: | 22 Nov 2018 21:39 |
Last Modified: | 27 Sep 2019 06:26 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/90181 |