Sooner or later? Inventive rivalry and welfare

Keyphrases

• Rivalry 100%
• Technological Opportunity 100%
• Spur 50%
• Social Welfare 50%
• Railway 50%
• Reasonable Parameters 50%
• Development Expenditure 50%
• Research Expenditure 50%
• Welfare Ranking 50%
• Second-best World 50%
• Complete Specification 50%
• Introduction Time 50%
• Timing Decision 50%
• Socially Optimal Strategy 50%
• Innovation Timing 50%
• Patent Protection 50%

Economics, Econometrics and Finance

• Welfare 100%
• Research and Development 50%
• Social Welfare 50%