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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Bibliographic details

Volume:	44
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:	Patent Innovation Appropriation Imitation Business & Economics Social Sciences Management Pirates D63 D62 Appropriation H41 D22 H23 K11 O31 Innovation L17 Imitation Patent C91 RESEARCH-AND-DEVELOPMENT PATENTS COMPETITION BEHAVIOR GROWTH FAIRNESS INCENTIVES COOPERATION
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