studying institutions and technological innovation and examining how human capital and institutional constraints affect the …

the links between innovation and institutions. Using cross-country data and the instrumental variable method, this study … boost an economy’s rate of innovation. Most of the previous literature on institutional and economic performance finds a … of institutions on innovation spillover to the growth rate of GDP per capita, this paper shows evidence of a growth …

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 …