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productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning …
Persistent link: https://www.econbiz.de/10005114510
technical and a pecuniary externality resulting from the innovation process may generate multiple equilibria. Redistribution may …
Persistent link: https://www.econbiz.de/10005667010
This paper examines patent protection in an endogenous-growth model. Our aim is two-fold. First, we show how the patent policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role of patents has been largely ignored. Second, we...
Persistent link: https://www.econbiz.de/10005136433
favourable for innovation incentives. This is consistent with empirical evidence, suggesting that countries with a more equal …
Persistent link: https://www.econbiz.de/10005656323