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Green, J. R., & Scotchmer, S. (1995). On the division of profit in sequential innovation. The Rand journal of economics, 20-33.
Green, Jerry R., and Suzanne Scotchmer. "On the division of profit in sequential innovation." The Rand journal of economics (1995): 20-33.
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JR Green, S Scotchmer - The Rand journal of economics, 1995 - JSTOR

On the division of profit in sequential innovation.

teaching innovation

Green

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In markets with sequential innovation, inventors of derivative improvements might undermine the profit of initial innovators through competition. Profit erosion can be mitigated …

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Lemley MA, Shapiro C.
MA Lemley, C Shapiro - Journal of Economic Perspectives, 2005 - aeaweb.org
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