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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
The growth in inventive activity during early American industrialization is explored by examining the careers of 160 inventors credited with important technological discoveries. Analysis of biographical information and complete patent histories through 1865 indicates that these 'great inventors'...
Persistent link: https://www.econbiz.de/10012474791
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