forward protection reduces the rate of innovation and imposing a nonobviousness requirement reduces R&D spending. It is shown … that full protection against imitation, granted independently of the size of the lead, maximizes the average innovation …

analyzes a model of North-South trade and endogenous growth through innovation and imitation that can predict the observed … both the innovation in the North and the imitational lag of the South. Opening to trade increases the growth rate and …

innovation and international technology transfer in general. The literature suggests that patent protection in a host country … encourages technology transfer to that country but that its impact on innovation and development is much more ambiguous. We then … externalities, implies that patent protection may not be the optimal instrument for encouraging innovation in this area, especially …

What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic … existence of strong patent laws encourage innovation? And 2) May patent laws influence the direction - as opposed to the rate … innovations in developing countries, discourage innovation in the developing countries? This essay summarizes results of existing …

Research on the effects of patent protection on innovation and technology transfer in the cross-country pharmaceutical … industry adds to our understanding of the underlying forces driving a country's innovation level. Qian (2007) constructs a … not stimulate domestic innovation, as estimated by the US patent awards (both raw counts and citation-weighted) and …

Do intellectual property (IP) rights on existing technologies hinder subsequent innovation? Using newly-collected data …'s short-term IP had persistent negative effects on subsequent innovation relative to a counterfactual of Celera genes having …