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opportunity and in encouraging trade in new technological knowledge. Through setting low fees and establishing administrative … cost of transacting in them. Creating secure assets in new technological knowledge and facilitating access to markets in …
Persistent link: https://www.econbiz.de/10012467721
Recent scholarship highlights the importance of institutions to the processes of economic growth, but the precise nature of their relationship bears further examination. This paper considers how the evolution of legal institutions has contributed to, and in turn been affected by, major...
Persistent link: https://www.econbiz.de/10012468347
findings in part explain why innovation prizes lost favour as a technology policy instrument in both the United States and …
Persistent link: https://www.econbiz.de/10012457293
The paper explores the role of institutional mechanisms in generating technological knowledge spillovers. The … and unpatented innovations, whereas prizes are less effective in generating external benefits from knowledge spillovers. I …
Persistent link: https://www.econbiz.de/10012457934
. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial …
Persistent link: https://www.econbiz.de/10012457935