Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174578
Authors: 
Bessen, James
Nuvolari, Alessandro
Year of Publication: 
2017
Series/Report no.: 
LEM Working Paper Series 2017/28
Abstract: 
The diffusion of innovations is supposed to dissipate inventors' rents. Yet in many documented cases, inventors freely shared knowledge with their competitors. Using a model and case studies, this paper explores why sharing did not eliminate inventors' incentives. Each new technology coexisted with an alternative for one or more decades. This allowed inventors to earn rents while sharing knowledge, attaining major productivity gains. The technology diffusion literature suggests that such circumstances are common during the early stages of a new technology.
Subjects: 
technological change
technology diffusion
knowledge sharing
collective invention
patents
JEL: 
N70
O33
O34
Document Type: 
Working Paper

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