We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them …, the ability of the rest of the world to absorb Asia's exports has decreased. Export production in some Asian countries has … production networks in Asia. It then discusses how developing Asian countries could leverage production networks to facilitate …

promoting their integration. Given East Asia's spectacular success with integrating into GVCs, we first assess the probability …

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 … step” requirement, which stipulates the minimum improvement to the best patented technology that a new idea needs to make …