========== Innovation ========== lecture ------- :ref:`Lecture notes on Innovation ` screencasts ----------- * This video points out the importance of the relation between competition and innovation, and takes a look at ex ante vs ex post competition: `part 1 `_ * We study a model where competition raises innovation if firms maximize profits (company ran by owners) and if firms are ran by managers: `part 2 `_ * In this video arguments against the positive relation between competition and innovation are provided by the inverted U duopoly model by Aghion et al. (2005) and the Schumpeter argument: `part 3 `_ * We study the duopoly model by Segal and Whinston (2007), which questions whether competition policy should be different in innovative industries: `part 4 `_ * We continue studying the model by Segal and Whinston (2007): `part 5 `_ * This video shows how exclusion can be modeled and provides policy implications of the models studied so far: `part 6 `_ * We discuss take a first look at intellectual property rights, study current US law and trade secrecy: `part 7 `_ * We consider a model that explains the trade off between optimal patent duration and breadth: `part 8 `_ * Last we consider a model that derives the optimal profitability of patents and conclude with policy implications: `part 9 `_ `part 10 `_ * how can we dsegin IP to stimulate innovation and minimize inefficiencies : exercises --------- In class we discuss question 1 from the :ref:`exercises `. python ------ Here you can download the ipython notebook (ipynb) for this lecture: * :download:`innovation `