and in particular of Intellectual Property Right (IPR) as incentives for technological innovation. We start with a … non-market institutions in the innovation process. Next, we examine the recent changes in the IPR regimes and their … influence upon both rates of patenting and underlying rates of innovation. The evidence broadly suggests that, first, IPRs are …

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 …

de-linked the performance of firms on the financial markets from the determinants of firm-level growth and innovation …, financialization has contributed to compress and somewhat degrade the specific properties of the finance-innovation nexus of both …

example in which more rational agents systematically perform worse than less rational ones. -- Innovation ; Endogenous Growth …