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Article: Innovation, Imitation and Competition

TitleInnovation, Imitation and Competition
Authors
Zhou, W
KeywordsCompetition
Imitation
Innovation
Intellectual property protection
Issue Date2009
PublisherBerkeley Electronic Press. The Journal's web site is located at http://www.bepress.com/bejeap/
Citation
B.E. Journal of Economic Analysis and Policy, 2009, v. 9 n. 1, article no. 27 How to Cite?
DOI: http://dx.doi.org/10.2202/1935-1682.2256
AbstractIn a general equilibrium framework, it is known that imitation may actually promote innovation (Aghion et al., 1997). The same effect is demonstrated with a standard oligopoly model in which one firm has the ability to develop technologies while all other firms imitate and obtain a fraction of it for free. Competition is shown to dampen innovation, while imitation may stimulate it if imitation is strong and competition moderate. The findings have implications for policy toward intellectual property rights protection, as weak protection may promote rather than impede technology innovation.
Persistent Identifierhttp://hdl.handle.net/10722/86053
ISSN
1935-1682
2023 Impact Factor: 1.1
2023 SCImago Journal Rankings: 0.428
ISI Accession Number ID
WOS:000268591000007
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorZhou, Wen_HK
dc.date.accessioned2010-09-06T09:12:16Z-
dc.date.available2010-09-06T09:12:16Z-
dc.date.issued2009en_HK
dc.identifier.citationB.E. Journal of Economic Analysis and Policy, 2009, v. 9 n. 1, article no. 27en_HK
dc.identifier.issn1935-1682en_HK
dc.identifier.urihttp://hdl.handle.net/10722/86053-
dc.description.abstractIn a general equilibrium framework, it is known that imitation may actually promote innovation (Aghion et al., 1997). The same effect is demonstrated with a standard oligopoly model in which one firm has the ability to develop technologies while all other firms imitate and obtain a fraction of it for free. Competition is shown to dampen innovation, while imitation may stimulate it if imitation is strong and competition moderate. The findings have implications for policy toward intellectual property rights protection, as weak protection may promote rather than impede technology innovation.en_HK
dc.languageengen_HK
dc.publisherBerkeley Electronic Press. The Journal's web site is located at http://www.bepress.com/bejeap/en_HK
dc.relation.ispartofB.E. Journal of Economic Analysis and Policyen_HK
dc.rightsCopyright © 2009 The Berkeley Electronic Press. All rights reserved. The final publication is available at www.degruyter.com-
dc.subjectCompetitionen_HK
dc.subjectImitationen_HK
dc.subjectInnovationen_HK
dc.subjectIntellectual property protectionen_HK
dc.titleInnovation, Imitation and Competitionen_HK
dc.typeArticleen_HK
dc.identifier.emailZhou, W: wzhou@hkucc.hku.hken_HK
dc.identifier.authorityZhou, W=rp01128en_HK
dc.description.naturepublished_or_final_version-
dc.identifier.doi10.2202/1935-1682.2256-
dc.identifier.scopuseid_2-s2.0-68949137324en_HK
dc.identifier.hkuros160702en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-68949137324&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume9en_HK
dc.identifier.issue1en_HK
dc.identifier.spagearticle no. 27-
dc.identifier.epagearticle no. 27-
dc.identifier.eissn1935-1682-
dc.identifier.isiWOS:000268591000007-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridZhou, W=10739745800en_HK
dc.identifier.issnl1935-1682-

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