This paper compares reward systems to intellectual property rights (patents and copyrights).
Under a reward system, innovators are paid for innovations directly by the government …

Economic theory views patents as policy instruments aimed at fostering innovation and
diffusion. Three major implications are drawn regarding current policy debates. First, patents …

Most work in the economics literature on prizes as incentives to innovation focuses on their
comparative incentive effects (eg Wright 1983, Shavell and Ypersele, 2001, Gallini and …

The patent system has gone through major changes in most countries over the past two
decades, aiming in general at strengthening the role of patents: expanding the patent …

This paper presents a model of cumulative innovation where firms are heterogeneous in
their research ability. We study the optimal reward policy when the quality of the ideas and …

La teoría económica, al considerar que las patentes son instrumentos de política pública
para fomentar la innovación y la difusión de la tecnología, conduce principalmente a tres …

The dream of 'space tourism'has long been confined to the imaginations of science fiction
writers. But in 1996, former aerospace engineer Peter Diamandis announced the $10 million …

Currently the Russian practice of employing antidumping measures is not sufficiently
covered by the science, thus, our thesis plays a relevant scientific role. Only 2 years after the …

The aim of the present report is to examine the drivers and barriers to internationalisation of
Europe's innovative firms. It has studied the relationship between innovation and …