Incentives for process innovations under discrete structural alternatives of competition policy-Reference-Cited by-同舟云学术

Incentives for process innovations under discrete structural alternatives of competition policy

Published:2016-04-20 Issue:4 Volume: Page:56-85
ISSN:0042-8736
Container-title:Voprosy Ekonomiki
language:
Short-container-title:Vopr. èkon.

Author:

Shastitko A.¹,Kurdin A.²

Affiliation:

1. Lomonosov Moscow State University; 2 Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia)

2. Lomonosov Moscow State University; National Research University Higher School of Economics

Abstract

This study analyzes the incentives for process innovations under different conditions determined by the competition policy for intellectual property rights (IPR) and particular features of markets and technologies. Competition policy is defined by the presence or absence of compulsory licensing, markets are characterized by technological leadership or technological competition. The results of modelling show that the uncertainty engendered by technological competition may lower the intensity of innovative activities, if there are no mechanisms of coordination between participants. Voluntary licensing generally improves social welfare but does not guarantee an increase in innovative efforts. Compulsory licensing can impede innovations due to the opportunistic behaviour of market participants but certain measures of state policy can prevent this negative effect.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference34 articles.

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2. Knyazeva I., Voytsekhovich A. (2012). Features of competitive processes, management of innovations and modern trends in the policy of antimonopoly regulation. ECO, No. 12, pp. 78—84. (In Russian).

3. Rozanova N. (2002). Market structure and incentives for innovations. Problemy Prognozirovaniya, No. 3, pp. 93—108. (In Russian).

4. Shastitko A. A. (2015a). The results of the Russian antitrust law and related law enforcement in the area of intellectual property rights relations. Nauchnye Issledovaniya Ekonomicheskogo Fakulteta. Elektronnyi Zhurnal, Vol. 7, No. 1, pp. 79—94. (In Russian).

5. Shastitko A. E. (2013). Is it worth to protect competition from intellectual property rights? Voprosy Ekonomiki, No. 8, pp. 60—82. (In Russian).

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