endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting …

-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …

paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing … product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly …