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differentiation and component innovation. We show that, as the complexity of the product spaces increases, stronger patent regimes … yield lower rates of innovation, lower product quality and lower consumers' welfare. -- Patents ; appropriability of … innovation ; complex product industries ; industrial dynamics …
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This paper analyses the evolution of the intellectual property regime (IPR), and more precisely the patent regime, in the USA since the 19th century. To do so, we consider intellectual property laws within the context of wider changes in capitalism, focusing on two main historical phases:...
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An essential aspect of "catching up" by developing countries is the emulation of technological leaders and the rapid accumulation by individuals and organizations of the knowledge and capabilities needed in order to sustain processes of technical learning. The rates and patterns of development...
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different configurations of the patent system upon innovation and competition. The model is able to replicate the main stylized … adverse effects in terms of innovation outcomes, as well as of market competition and consumer welfare. Such general …
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an innovation rewarding institution. According to our analysis, pharma patents have constituted legal barriers to protect …
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Schumpeterian patterns of innovation characterized by a stable number of large-established firms and a lower degree of turbulence. …
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