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- W2000683865 abstract "With a single innovating firm facing only technological uncertainty, piracy unambiguously retards innovation. However, with R&D competition where firms face both market and technological uncertainties, we show that if the two firms differ “significantly” with respect to the efficiency in R&D investment, then piracy increases the R&D investment of the less efficient firm and reduces that of the more efficient firm. In this case piracy enhances the overall probability of a successful innovation." @default.
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- W2000683865 date "2010-12-01" @default.
- W2000683865 modified "2023-09-26" @default.
- W2000683865 title "The impact of piracy on innovation in the presence of technological and market uncertainty" @default.
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- W2000683865 doi "https://doi.org/10.1016/j.infoecopol.2010.09.005" @default.
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