Since 2014
The Winner Curse and Social Inefficiency: Double Whammy of R&D Tournament
Journal of Technology Management & Innovation
View Archive Info| Field | Value | |
| Title |
The Winner Curse and Social Inefficiency: Double Whammy of R&D Tournament
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| Creator |
Mukherjee, Arijit
Wang, Leonard F.S. |
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| Subject |
R&D tournament; Excessive entry; Insufficient entry
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| Description |
In a R&D tournament setting with free entry and knowledge spillover, we show that the society would suffer from excessive entry and the patent holder would endure lower profits than non-patent holders because it bears the cost of commercializing and further technology development, while the other firms are beneficiaries of the spillover effects. This result is instructive to R&D and competition policy.
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| Publisher |
Facultad de EconomÃa y Negocios, Universidad Alberto Hurtado
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| Contributor |
—
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| Date |
2011-11-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion ArtÃculo revisado por pares |
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| Format |
application/pdf
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| Identifier |
http://www.jotmi.org/index.php/GT/article/view/art221
10.4067/S0718-27242011000400006 |
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| Source |
Journal of Technology Management & Innovation; Vol 6, No 4 (2011); 73-79
Journal of Technology Management & Innovation; Vol 6, No 4 (2011); 73-79 0718-2724 |
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| Language |
eng
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| Relation |
http://www.jotmi.org/index.php/GT/article/view/art221/655
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