Preemptive Search and R&D Clustering Revisited

Patrick Van Cayseele

Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven

Abstract: The results obtained by Cardon and Sasaki (1998) on R&D clustering are derived under the specific assumption that firms only can own one patent. When multiple patents are allowed, R&D clustering will come about more frequently if search costs are substantial.

Keywords: R&D clustering; persistence of monopoly (search for similar items in EconPapers)
JEL-codes: L12 (search for similar items in EconPapers)
Date: 2001-03
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-pr~ and nep-mic
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Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:ces0119

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