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contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous … variation to establish causality. By analysing patent citation data, we further provide evidence that these positive effects are …
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We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social planner's benchmark, which suggests a role for patent policy. We focus on a non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
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