This paper develops a growth model combining elements of endogenous growth and induced innovation literatures. In a … standard induced innovation model firms select at no cost innovations from an innovation possibilities frontier describing the … but also the size of innovation by representing the innovation possibilities through a cost function of capital and labor …

sector over the period 1991-2005. We also use a change in the Employment Protection Legislation (EPL) in 1997 to study the … innovation created jobs in the Spanish manufacturing sector. Additionally, we find that before the change in the EPL in 1997 … innovations did not affect the number of permanent workers and all the increase in employment was explained by the increase in the …

IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries. Thirdly …, the optimal level of IPR protection should tradeoff the social benefits of enhanced innovation against the social costs of …

This study develops a Schumpeterian growth model to analyze the effects of different patent instruments on innovation …. We first analyze patent breadth that captures the traditional positive effect of patent rights on innovation. Then, we … assigned to incumbents reduces entrants' incentives for innovation. This aspect of blocking patents captures the recently …

This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current … debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form … of blocking patents. We show that patent protection changes the direction of innovation by having asymmetric effects on …

This study develops an R&D-based growth model that features both vertical and horizontal innovation to shed some light … on the current debate on whether patent protection stimulates or stifles innovation. Specifically, we analyze the growth … ladder. We show that patent protection has asymmetric effects on vertical innovation (i.e., quality improvement) and …

The circular interplay between demography-employment-productivity-PayGo is investigated for Italy and Italian …

The circular interplay between demography-employment-productivity-PayGo is investigated for Europe and Us. Looking …