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:
D63
D62
H41
D22
H23
K11
O31
L17
C91
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