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Alvin K. Klevorick
Researcher at Yale University
Publications - 43
Citations - 7282
Alvin K. Klevorick is an academic researcher from Yale University. The author has contributed to research in topics: Jury & Subject-matter jurisdiction. The author has an hindex of 21, co-authored 43 publications receiving 7095 citations. Previous affiliations of Alvin K. Klevorick include Cowles Foundation.
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Appropriating the Returns from Industrial Research and Development
Richard C. Levin,Alvin K. Klevorick,Richard R. Nelson,Sidney G. Winter,Richard Gilbert,Zvi Griliches +5 more
TL;DR: A patent confers, in theory, perfect appropriability (monopoly of the invention) for a limited time in return for a public benefit as mentioned in this paper, however, the benefits consumers derive from an innovation, however, are increased if competitors can imitate and improve on the innovation to ensure its availability on favorable terms.
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On the sources and significance of interindustry differences in technological opportunities
TL;DR: In this article, the authors examine the concept of technological opportunity and discuss three categories of sources of those opportunities: advances in scientific understanding and technique, technological advances originating in other industries and in other private and governmental institutions, and feedbacks from an industry's own technological advances.
Posted Content
Appropriating the Returns from Industrial R&D
TL;DR: The authors describe the results of an inquiry into the nature of appropriability conditions in over one hundred manufacturing industries, and discuss how this information has been and might be used to cast light on important issues in the economics of innovation and public policy.
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Input choices and rate-of-return regulation : an overview of the discussion
TL;DR: In this article, the Averch-Johnson model of the firm under rate-of-return regulation is examined, and it is shown that the profit-maximizing firm under regulatory constraint will use a capital-labor ratio greater than that which minimizes cost for its output level.