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Patents and R & D: The tournament effect

  • Prabal Roy Chowdhury


    (Indian Statistical Institute, New Delhi)

We identify a new route through which patent protection may affect R&D incentives, the tournament effect. It may decrease R\&D incentives, in which case patent protection may either adversely affect the level of R&D, or may discourage licensing. In either case welfare may fall.

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Paper provided by Indian Statistical Institute, New Delhi, India in its series Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers with number 05-05.

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Length: 20 pages
Date of creation: Apr 2005
Date of revision:
Handle: RePEc:ind:isipdp:05-05
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  1. Boldrin, Michele & Levine, David, 2002. "The Case Against Intellectual Property," CEPR Discussion Papers 3273, C.E.P.R. Discussion Papers.
  2. Michele Boldrin & David K Levine, 2003. "The Case Against Intellectual Monopoly, Chapter 1," Levine's Working Paper Archive 234936000000000028, David K. Levine.
  3. Xavier Vives, 2001. "Oligopoly Pricing: Old Ideas and New Tools," MIT Press Books, The MIT Press, edition 1, volume 1, number 026272040x, June.
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