This paper shows that the results of Bucci (2003) depend criti- cally on the assumption that there are no difference between the intermediate goods share in final output, the returns of specialization and the degree of market power of monopolistic competitors. In this paper, we disentangle the...

The aim of this paper is to analyze the relationship between competition and growth in a model of human capital accumulation and research by disentangling the monopolistic mark-up in the intermediate goods sector and the returns to specialization in order to have a better measure of competition....

Advancements in the areas of Information Technologies (IT) and the New Life Sciences (NLS) are helping redefine the boundaries of Intellectual Property Rights (IPRs). Although the fast growth of these technological areas may very well be fueled by the existence of the IPR system itself, in...

Starting in the early 1980s, the U.S. patent regime experienced major changes that allowed the patenting of numerous scientific findings lacking in current commercial applications. We assess the rationality of these changes in the legal and institutional environment for science and technology...

The paper examines the relationship between competition and economic growth, in the theoretical framework described by endogenous growth models, but with a specific interest in the policy implications. In this perspective, the key issue in the debate can be presented as follows: do competition...

To foster innovation and growth should basic research be publicly or privately funded? This paper studies the impact of the gradual shift in the U.S. patent system towards the patentability and commercialization of the basic R&D undertaken by universities. We see this movement as making...

By allowing for investment activities by research and development (R&D) firms to prevent product obsolescence, we show that if legal patent protection is too strong, a higher R&D subsidy rate delivers insufficient investments for survival in the R&D sector, depressing innovation and growth in...

This contribution concerns models and theories of structural economic dynamics. The theories and models analyzed in the paper follow two different approaches, circular and vertical, in the analysis of structural dynamics. The content of this contribution is essentially methodological. This work...

Structural analysis is the main topic of this paper and structural change is a dominant theme of the present work. The analysis of structural models and of theories of structural changes carried out in this paper has a double meaning. On the one hand, it allows to pick up several essential...

The study of structural changes is the theme of this work, where structural changes are correlated primarily with changes in the structure of production, which are caused by the evolution of technical progress and organizational changes in production. The analysis of models and theories of...