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- W2000947051 abstract "An extensive empirical literature indicates that, even without formal intellectual property rights, innovators enjoy a variety of first-mover advantages and that `imitation' is itself a costly activity. There is also accumulating evidence that an `open' approach to knowledge production can deliver substantial efficiency advantages. This paper introduces a formal framework incorporating all of these factors. We examine the relative performance of an `open' versus a `closed' (proprietary) regime, and explicitly characterise the circumstances in which an open approach, despite its effect on facilitating imitation, results in a higher level of innovation." @default.
- W2000947051 created "2016-06-24" @default.
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- W2000947051 date "2008-11-20" @default.
- W2000947051 modified "2023-09-27" @default.
- W2000947051 title "Innovation, Imitation and Open Source" @default.
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