Competition drives slower technology transfer, impacting profits and innovation levels.
The article explores how new technology can be shared with companies in a way that benefits everyone. It looks at whether it's better to share the technology with one company or many, and if it should be done slowly or all at once. The study shows that when contracts are not complete and there is competition in the market, technology transfer can be slower and less effective. This can lead to lower profits for both the company sharing the technology and the one using it.