R & D competition and patent values

Autor: Pu-yan NIE, Hong-xing WEN, Chan WANG
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Journal of Innovation & Knowledge, Vol 8, Iss 1, Pp 100308- (2023)
Druh dokumentu: article
ISSN: 2444-569X
DOI: 10.1016/j.jik.2023.100308
Popis: Research and development (R & D) competition is standard, and it heavily affects patent values. This study captures R&D competition's effects on patent values using game-theory approaches. Cost-reduction patent values increase with technology level and decrease with the competition. Technology spillover's impact on innovation depends on R & D's properties. This study elucidates cooperative R & D and the allocation mechanism, and also develops the theory of cooperative innovation.
Databáze: Directory of Open Access Journals