This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Perspectives: Vol. 4 No. 3 (Summer 1990)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

JEP - All Issues


Innovation and Cooperation: Implications for Competition and Antitrust

Article Citation

Jorde, Thomas M., and David J. Teece. 1990. "Innovation and Cooperation: Implications for Competition and Antitrust." Journal of Economic Perspectives, 4(3): 75-96.

DOI: 10.1257/jep.4.3.75

Abstract

This paper begins by describing the nature of the innovation process. We then explore socially beneficial forms of cooperation that can assist the development and commercialization of new technology, and suggest modifications to current U.S. antitrust law that would remove unnecessary impediments to organizational arrangements that support innovation and stimulate competition in the United States. The modifications we propose would create "safe harbors" for various forms of cooperative activities among competitors in unconcentrated markets, and they would permit cooperation in concentrated markets if commercialization and appropriability were thereby facilitated. These modifications would bring U.S. antitrust laws closer to what is already in place in Europe and Japan and would promote competition more assuredly than would existing law.

Article Full-Text Access

Full-text Article (Complimentary)

Authors

Jorde, Thomas M. (U CA, Berkeley)
Teece, David J. (U CA, Berkeley)

JEL Classifications

612: Public Policy Towards Monopoly and Competition
621: Technological Change; Innovation; Research and Development: General

Comments

View Comments on This Article (0) | Login to post a comment


Journal of Economic Perspectives


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEP - All Issues

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us