Working Paper No. 895

Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy

Published: January 3, 2012, revised August 2012Pages: 29Keywords: Entrepreneurs; Innovation; Commercialization; Intellectual property law; Competition lawJEL-codes: O31
Published version

Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy Joshua S. Gans and Lars Persson

This paper examines the interaction between intellectual property protection and competition policy on the choice of entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property protection makes it more likely that entrepreneurs will commercialize by cooperating with incumbents rather than competing with them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in that event. Hence, we identify one reason why the strength of the two policies may be complements from the perspective of increasing the rate of entrepreneurial innovation.

Lars Persson


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Sick of Inequality?

An Introduction to the Relationship between Inequality and Health

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In this book Andreas Bergh, Therese Nilsson, IFN and Lund University, and Daniel Waldenström, IFN and Paris School of Economics, France, review the latest research on the relationship between inequality and health. What does inequality mean for our health? Does increasing income inequality affect outcomes such as obesity, life expectancy and subjective well-being?


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