Optimal patent design and the diffusion of innovations

Article Abstract:

Companies which develop new products through research and development have the tendency of intensifying research efforts instead of manufacturing and marketing said products. However, this can be avoided by widening the coverage of patent protection laws. Increased coverage would assure innovative companies enough protection for their products. Moreover, incentives for research and development can still be maintained.

Research, Product development, Protection and preservation, Diffusion of innovations

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A patentability requirement for sequential innovation

Article Abstract:

The requirement of larger innovations catalyze R and D spending and improve efficiency in a market characterized by long-term sequential innovations. Such a patentability requirement ensures market profit for successful companies as incentives will be sufficient for R and D. Effective patent life is extended since incoming future firms will strive to develop better products at a higher level.

Intellectual property, Technological innovations, Patent practice

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A multi-task principal-agent approach to organizational form

Article Abstract:

A study examining organizational forms in multi-task principal-agent model, is presented. A comparison between a functional firm, which is divided based on the functions carried out in it and a product firm, which is segmented based on product firm, is presented.

United States, Models, Business, Business models, Econometric models, Organizational structure

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