Difference between revisions of "PHDBA602 (Innovation Models)"

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(New page: PHDBA602 is a (for credit) Directed Studies course, that doctoral students can use to develop their own courses with a professor. This page provides information about a directed study cour...)
 
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PHDBA602 is a (for credit) Directed Studies course, that doctoral students can use to develop their own courses with a professor. This page provides information about a directed study course with Michael Katz on that centers arounds economic models of innovation.
+
PHDBA602 is a (for credit) Directed Studies course, that doctoral students can use to develop their own courses with a professor. This page provides information about a directed study course with Michael Katz on that centers around economic models of innovation.
  
 
==Format==
 
==Format==
Line 8: Line 8:
 
*The student will write up the model ahead of time (on this wiki)
 
*The student will write up the model ahead of time (on this wiki)
 
*The class will be used to:
 
*The class will be used to:
**Discuss intricacies of the model
+
**Discuss the intricacies of the model
 
**Discuss modelling choices, with a view to helping the student understand how to build models
 
**Discuss modelling choices, with a view to helping the student understand how to build models
 
**Place the model in the context of the broader literature
 
**Place the model in the context of the broader literature
Line 14: Line 14:
 
==Papers==
 
==Papers==
  
A first attempt at a paper list will be made shortly.
+
===Patent Races===
 +
*[[Reinganum (1989) - The Timing Of Innovation Research Development And Diffusion| Reinganum, Jennifer F. (1989)]], "Chapter 14 The timing of innovation: Research, development, and diffusion", In: Richard Schmalensee and Robert Willig, Editor(s), Handbook of Industrial Organization, Elsevier, Volume 1, Pages 849-908. [http://www.edegan.com/pdfs/Reinganum%20(1989)%20-%20Chapter%2014%20The%20Timing%20Of%20Innovation%20Research%20Development%20And%20Diffusion.pdf (pdf)]
 +
**[[Loury (1979) - Market Structure And Innovation |Loury G.C.(1979)]], "Market structure and innovation", Quarterly Journal of Economics, 93, pp. 395-410. [http://www.edegan.com/pdfs/Loury%20(1979)%20-%20Market%20structure%20and%20innovation.pdf (pdf)]
 +
**[[Lee,Wilde (1980) - Market Structure And Innovation A Reformulation |Lee, T. and L.L. Wilde (1980)]], "Market structure and innovation: A reformulation", Quarterly Journal of Economics, 94, pp. 429-436. [http://www.edegan.com/pdfs/Lee%20Wilde%20(1980)%20-%20Market%20structure%20and%20innovation%20A%20reformulation.pdf (pdf)]
 +
 
 +
===Endogenous Spillovers===
 +
*[[Spence (1984) - Cost Reduction Competition And Industry Performance| Spence, Michael (1984)]], "Cost Reduction, Competition, and Industry Performance', Econometrica, Vol. 52, No. 1 (Jan.), pp. 101-122 [http://www.edegan.com/pdfs/Spence%20(1984)%20-%20Cost%20Reduction%20Competition%20and%20Industry%20Performance.pdf (pdf)]
 +
*[[Katz (1986) - An Analysis of Cooperative Research and Development| Katz, Michael L. (1986)]], "An Analysis of Cooperative Research and Development", The RAND Journal of Economics, Vol. 17, No. 4 (Winter), pp. 527-543 [http://www.edegan.com/pdfs/Katz%20(1986)%20-%20An%20Analysis%20of%20Cooperative%20Research%20and%20Development.pdf pdf]
 +
 
 +
===Patent Pools===
 +
*[[Lerner Strojwas Tirole (2003) - Cooperative Marketing Agreements Between Competitors Evidence from Patent Pools |Lerner, Josh, Marcin Strojwas, and Jean Tirole (2003)]], "Cooperative Marketing Agreements Between Competitors: Evidence from Patent Pools", April 27, NBER Working Paper [http://www.edegan.com/pdfs/Lerner%20Strojwas%20Tirole%20(2003)%20-%20Cooperative%20Marketing%20Agreements%20Between%20Competitors%20Evidence%20from%20Patent%20Pools.pdf pdf]
 +
*[[Lerner Tirole (2004) - Efficient Patent Pools | Lerner, Josh and Jean Tirole (2004)]],"Efficient Patent Pools", The American Economic Review, Volume 94, Number 3, June, pp. 691-711(21) [http://www.edegan.com/pdfs/Lerner%20Tirole%20(2004)%20-%20Efficient%20Patent%20Pools.pdf pdf]
 +
 
 +
===Optimal Design of IP===
 +
*Scotchmer, Suzanne (2004), "Chapter 4: On the Optimal Design of Intellectual Property", in "Innovation and Incentives", First MIT Press, ISBN-13: 978-0-262-19515-7
 +
 
 +
===Cummulative Innovation===
 +
*Scotchmer, Suzanne (2004), "Chapter 5: Standing on the Shoulders of Giants:  Protecting Cummulative Innovators", in "Innovation and Incentives", First MIT Press, ISBN-13: 978-0-262-19515-7
 +
 
 +
===Licensing and Joint Ventures===
 +
*Scotchmer, Suzanne (2004), "Chapter 6: Licensing, Joint Ventures and Competition Policy", in "Innovation and Incentives", First MIT Press, ISBN-13: 978-0-262-19515-7
 +
 
 +
===Open Source===
 +
*[[Tirole Lerner (2002) - Some Simple Economics of Open Source| Tirole, Jean and Josh Lerner (2002)]], "Some Simple Economics of Open Source", Journal of Industrial Economics, Vol. 50, No. 2, pp. 197-234, June [http://www.edegan.com/pdfs/Tirole%20Lerner%20(2002)%20-%20Some%20Simple%20Economics%20of%20Open%20Source.pdf pdf]
 +
 
 +
===Modularity===
 +
*[[Ethiraj Levinthal (2004) - Modularity and Innovation in Complex Systems|Ethiraj, Sendil K. and Daniel Levinthal (2004)]], "Modularity and Innovation in Complex Systems", Management Science, Vol. 50, No. 2, Feb., pp. 159-173 [http://www.edegan.com/pdfs/Ethiraj%20Levinthal%20(2004)%20-%20Modularity%20and%20Innovation%20in%20Complex%20Systems.pdf pdf]
 +
*[[Ethiraj Levinthal Roy (2008) - The Dual Role of Modularity Innovation and Imitation|Ethiraj, Sendil K., Daniel Levinthal, and Rishi R. Roy (2008)]], "The Dual Role of Modularity: Innovation and Imitation", Management Science, Vol. 54, No. 5, May, pp. 939-955 [http://www.edegan.com/pdfs/Ethiraj%20Levinthal%20Roy%20(2008)%20-%20The%20Dual%20Role%20of%20Modularity%20Innovation%20and%20Imitation.pdf pdf]
 +
*[[Schilling (2000) - Toward a General Modular Systems Theory and Its Application to Interfirm Product Modularity| Schilling, Melissa A. (2000)]], "Toward a General Modular Systems Theory and Its Application to Interfirm Product Modularity", The Academy of Management Review, Vol. 25, No. 2, Apr., pp. 312-334 [http://www.edegan.com/pdfs/Schilling%20(2000)%20-%20Toward%20a%20General%20Modular%20Systems%20Theory%20and%20Its%20Application%20to%20Interfirm%20Product%20Modularity.pdf pdf]
 +
 
 +
===Complementary Markets===
 +
*[[Farrell Katz (2000) - Innovation Rent Extraction and Integration in Systems Markets| Farrell, Joseph and Michael L. Katz (2000)]], "Innovation, Rent Extraction, and Integration in Systems Markets", The Journal of Industrial Economics, Vol. 48, No. 4, Dec., pp. 413-432 [http://www.edegan.com/pdfs/Farrell%20Katz%20(2000)%20-%20Innovation%20Rent%20Extraction%20and%20Integration%20in%20Systems%20Markets.pdf pdf]
 +
*[[Gawer Henderson (2007) - Platform Owner Entry and Innovation in Complementary Markets Evidence from Intel |Gawer, Annabelle and Rebecca Henderson (2007)]], "Platform Owner Entry and Innovation in Complementary Markets: Evidence from Intel", Journal of Economics & Management Strategy, Volume 16, Number 1, Spring 2007, 1-34 [http://www.edegan.com/pdfs/Gawer%20Henderson%20(2007)%20-%20Platform%20Owner%20Entry%20and%20Innovation%20in%20Complementary%20Markets%20Evidence%20from%20Intel.pdf pdf]
 +
 
 +
===Platforms and Two-sided markets===
 +
*[[Armstrong (2006) - Competition in Two Sided Markets |Armstrong, Mark (2006)]], "Competition in Two-Sided Markets", The RAND Journal of Economics, Vol. 37, No. 3, Autumn, pp. 668-691 [http://www.edegan.com/pdfs/Armstrong%20(2006)%20-%20Competition%20in%20Two%20Sided%20Markets.pdf pdf]
 +
*[[Hagiu (2009) - Multi Sided Platforms From Microfoundations to Design and Expansion Strategies| Hagiu, Andrei (2009)]], "Multi-Sided Platforms: From Microfoundations to Design and Expansion Strategies", Working Paper, Harvard Business School, Strategy Unit [http://www.edegan.com/pdfs/Hagiu%20(2009)%20-%20Multi%20Sided%20Platforms%20From%20Microfoundations%20to%20Design%20and%20Expansion%20Strategies.pdf pdf]
 +
*[[White Weyl (2010) - Imperfect Platform Competition A General Framework| White, Alexander and E. Glen Weyl (2010)]], "Imperfect Platform Competition: A General Framework", NET Institute Working Paper No. 10-17 [http://www.edegan.com/pdfs/White%20Weyl%20(2010)%20-%20Imperfect%20Platform%20Competition%20A%20General%20Framework.pdf pdf]
 +
*[[Hagiu (2009) - To Sided Platforms Product Variety and Pricing Structures| Hagiu, Andrei (2009)]], "Two-Sided Platforms: Product Variety and Pricing Structures", Journal of Economics & Management Strategy, Volume 18, Issue 4, pages 1011-1043, Winter [http://www.edegan.com/pdfs/Hagiu%20(2009)%20-%20Two%20Sided%20Platforms%20Product%20Variety%20and%20Pricing%20Structures pdf]
 +
*[[Rochet Tirole (2003) - Platform Competition in Two Sided Markets |Rochet, Jean-Charles and Jean Tirole (2003)]], "Platform Competition in Two-Sided Markets", The European Economic Association, June, Vol. 1, No. 4, Pages 990-1029, doi:10.1162/154247603322493212 [http://www.edegan.com/pdfs/Rochet%20Tirole%20(2003)%20-%20Platform%20Competition%20in%20Two%20Sided%20Markets.pdf pdf]
 +
 
 +
===Networks===
 +
*[[Jackson (2003) - A Survey of Models of Network Formation Stability and Effciency |Jackson, Matthew O. (2003)]], "A Survey of Models of Network Formation: Stability and Effciency" in Group Formation in Economics: Networks, Clubs, and Coalitions, edited by Gabrielle Demange and Myrna Wooders, Cambridge University Press [http://www.edegan.com/pdfs/Jackson%20(2003)%20-%20A%20Survey%20of%20Models%20of%20Network%20Formation%20Stability%20and%20Effciency.pdf pdf]

Latest revision as of 22:06, 16 December 2010

PHDBA602 is a (for credit) Directed Studies course, that doctoral students can use to develop their own courses with a professor. This page provides information about a directed study course with Michael Katz on that centers around economic models of innovation.

Format

The format is:

  • One, perhaps two, models per class
  • One class per week, with a timeslot TBD.
  • The student will write up the model ahead of time (on this wiki)
  • The class will be used to:
    • Discuss the intricacies of the model
    • Discuss modelling choices, with a view to helping the student understand how to build models
    • Place the model in the context of the broader literature

Papers

Patent Races

  • Reinganum, Jennifer F. (1989), "Chapter 14 The timing of innovation: Research, development, and diffusion", In: Richard Schmalensee and Robert Willig, Editor(s), Handbook of Industrial Organization, Elsevier, Volume 1, Pages 849-908. (pdf)

Endogenous Spillovers

  • Spence, Michael (1984), "Cost Reduction, Competition, and Industry Performance', Econometrica, Vol. 52, No. 1 (Jan.), pp. 101-122 (pdf)
  • Katz, Michael L. (1986), "An Analysis of Cooperative Research and Development", The RAND Journal of Economics, Vol. 17, No. 4 (Winter), pp. 527-543 pdf

Patent Pools

Optimal Design of IP

  • Scotchmer, Suzanne (2004), "Chapter 4: On the Optimal Design of Intellectual Property", in "Innovation and Incentives", First MIT Press, ISBN-13: 978-0-262-19515-7

Cummulative Innovation

  • Scotchmer, Suzanne (2004), "Chapter 5: Standing on the Shoulders of Giants: Protecting Cummulative Innovators", in "Innovation and Incentives", First MIT Press, ISBN-13: 978-0-262-19515-7

Licensing and Joint Ventures

  • Scotchmer, Suzanne (2004), "Chapter 6: Licensing, Joint Ventures and Competition Policy", in "Innovation and Incentives", First MIT Press, ISBN-13: 978-0-262-19515-7

Open Source

Modularity

Complementary Markets

Platforms and Two-sided markets

Networks

  • Jackson, Matthew O. (2003), "A Survey of Models of Network Formation: Stability and Effciency" in Group Formation in Economics: Networks, Clubs, and Coalitions, edited by Gabrielle Demange and Myrna Wooders, Cambridge University Press pdf