Collective invention

Research output: Contribution to journalArticle

Abstract

This paper argues that many new production techniques have been developed by a process called 'collective invention'. When firms collectively invent, they make available to their competitors the results of new plant designs so that their competitors can incorporate extensions of those designs into new facilities they build. The paper analyses the implications of this behavior for the rate and bias of technical change and discusses reasons why this behavior might occur.

Original languageEnglish (US)
Pages (from-to)1-24
Number of pages24
JournalJournal of Economic Behavior and Organization
Volume4
Issue number1
DOIs
StatePublished - Mar 1983

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ASJC Scopus subject areas

  • Economics and Econometrics
  • Organizational Behavior and Human Resource Management

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