Entrepreneurial commercialization choices and the interaction between IPR and competition policy
AbstractThis article examines the interaction between intellectual property protection and competition policy on the choice of entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property protection makes it more likely that entrepreneurs will commercialize by cooperating with incumbents rather than competing with them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in that event. Hence, we identify one reason why the strength of the two policies may be complements from the perspective of increasing the rate of entrepreneurial innovation. Copyright 2013 The Author 2013. Published by Oxford University Press on behalf of Associazione ICC., Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Industrial and Corporate Change.
Volume (Year): 22 (2013)
Issue (Month): 1 (February)
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Other versions of this item:
- Gans, Joshua S. & Persson, Lars, 2012. "Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy," Working Paper Series 895, Research Institute of Industrial Economics.
- Gans , Joshua & Persson, Lars, 2013. "Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy," Working Papers 2012:16, Swedish Entrepreneurship Forum.
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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