Research Diversity and Public Policy Toward Invention
Author | : John T. Scott |
Publisher | : |
Total Pages | : 0 |
Release | : 2022 |
ISBN-10 | : OCLC:1376716732 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Research Diversity and Public Policy Toward Invention written by John T. Scott and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explains that when there is great uncertainty about which elements of knowledge must be combined to make an invention, the likelihood of invention increases markedly--by many orders of magnitude--when there are numerous diverse research organizations, rather than just a few. The paper examines the possibility that competition (antitrust) policy toward mergers would be improved if enforcement efforts placed more emphasis on protecting the diversity provided by numerous research rivals in a market.