Uncertain Patent Scope and R&D Investment

Rajeev Goel

Economia Internazionale / International Economics, 2002, vol. 55, issue 1, 17-24

Abstract: This paper introduces uncertainty of patent scope in examining R&D investment decisions in pursuit of an uncertain innovation. We find that an increase in the probability of scope protection increases research spending. This finding is opposite of the well-known effect that increased rivalry has on R&D spending.

Keywords: Patent Scope; R&D Investment; Uncertainty (search for similar items in EconPapers)
JEL-codes: L00 O30 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:ecoint:0194

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