Who is afraid of pirates? An experiment on the deterrence of innovation by imitation
•We study innovation investment under the risk of imitation in a laboratory experiment.•This design reflects that, in most industries, imitation is itself costly and risky.•We find that innovation is not deterred, and above predictions from standard theory.•This even holds if successful appropriatio...
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Volume: | 44 |
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Main Author: |
Engel, Christoph
Kleine, Marco |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Trade |
Place of publication: |
AMSTERDAM Elsevier B.V 01.02.2015 ELSEVIER |
published in: | Research policy Vol. 44; no. 1; pp. 20 - 33 |
ORCID: |
0000-0001-8513-8532 |
Data of publication: | February 2015 |
ISSN: |
0048-7333 1873-7625 |
EISSN: |
1873-7625 |
Discipline: | Sciences (General) Business |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2015 Web of Knowledge Web of Science CrossRef Academic OneFile (A&I only) Database information Databases - DBIS |