Authors:

  • F.M. Scherer

Excerpt

First Mover Advantages and Optimal Patent Protection. F.M. Scherer, November 2014, Paper. "This paper advances the analysis of incentives for technological innovation by examining the conditions under which first mover advantages – e.g., a head start, the necessity for imitators to incur their own research and development costs, production cost advantages derived inter alia through learning by doing, and the reputational “image” advantages of first movers – provide an adequate substitute for patent protection..." Link