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A special characteristic of the patent system is that it features multiple patent-policy levers that can be employed by policymakers. In this study, we develop a quality-ladder model to analyze the optimal mix of patent instruments. Specifically, we consider (a) patent breadth and (b) the...
Persistent link: https://www.econbiz.de/10008548833
This study analyzes the cross-country effects of monetary policy on innovation and international technology transfer … transfer, a permanent increase in the North-South wage gap, and a temporary decrease in the rate of Northern innovation. An … increase in the Northern nominal interest rate causes a temporary decrease in the rate of Northern innovation, a permanent …
Persistent link: https://www.econbiz.de/10011112137