Patent protection and innovation in a vertical structure

Debasmita Basak () and Arijit Mukherjee
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Debasmita Basak: University of Nottingham

Economics Bulletin, 2012, vol. 32, issue 1, 837-842

Abstract: We show a new way through which patent protection affects innovation. We show that patent protection may reduce the final goods producers' incentives for innovation in industries with imperfectly competitive input markets. The input market structure may play an important role in this respect.

Keywords: Patent protection; Innovation; Input market (search for similar items in EconPapers)
JEL-codes: L1 O3 (search for similar items in EconPapers)
Date: 2012-03-04
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Citations: View citations in EconPapers (1)

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