Incentives for Process Innovations Under Discrete Structural Alternatives of Competition Policy

Andrey Shastitko and Alexander Kurdin

HSE Working papers from National Research University Higher School of Economics

Abstract: This study analyses the incentives for process innovations under different conditions determined by the competition policy for intellectual property rights (IPR) and particular features of markets and technologies. Competition policy is defined by the presence or absence of compulsory licensing, markets are characterized by technological leadership or technological competition. The results of modelling show that the uncertainty engendered by technological competition may lower the intensity of innovative activities, if there are no mechanisms of coordination between participants. Voluntary licensing generally improves social welfare but does not guarantee an increase in innovative efforts. Compulsory licensing can impede innovations due to the opportunistic behaviour of market participants but certain measures of state policy can prevent this negative effect

Keywords: competition policy; compulsory licensing; process innovations (search for similar items in EconPapers)
JEL-codes: K21 L24 O31 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2015
New Economics Papers: this item is included in nep-com, nep-ino and nep-law
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Published in WP BRP Series: Economics / EC, April 2015, pages 1-40

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Related works:
Journal Article: Incentives for process innovations under discrete structural alternatives of competition policy (2016)
Working Paper: Incentives for Process Innovations under Discrete Structural Alternatives of Competition Policy (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:92/ec/2015

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