own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot … and growth carries over to the Cournot set-up. …

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

causal effect of human capital on income, net of the innovation channel. …

This paper analyzes the optimal protection strategy for an innovator of a complex innovation who faces the risk of … imitation by a competitor. We suppose that the innovation can be continuously fragmented into sub-innovations. We characterize … fraction of the innovation once. We also study the optimal dynamic patenting policy in a soft novelty regime, when the …

We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …

Existing growth research provides little explanation for the very large differences in long-run growth performance … across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of … economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible …

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …