analysis proceeds in stages. It begins with an exogenous rate of innovation in order to focus on the first two components. The … last two components are added by endogenizing the rate of innovation. Finally, the paper considers the role of foreign …

which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South …, Northern resources will be reallocated to R&D, driving an increase in the global rate of innovation. We test the model …

. The preceding results hold when Northern innovation is endogenously determined; in addition, the rate of innovation …

questions. The economy consists of many industries and firms engaged in cumulative (step-by-step) innovation. IPR policy … same innovation(s) themselves or by making some pre-specified payments to the technological leaders. We prove the existence …

This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the … project to implement. A successful innovation can be copied by other firms. Symmetric equilibria (where actions do not depend … equilibria). In contrast to patents, subsidies to experimentation, research, or innovation cannot typically achieve this …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

This paper proposes a theory that predicts low levels of protection during periods of "normal" trade volume coupled …

frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …