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Lazear, Edward P. - 2021

speed of diffusion of information. In some occupations, it implies that there quickly develop pronounced differences in the …

Persistent link: https://www.econbiz.de/10013244394

Catch-Up and Fall-Back Through Innovation and Imitation

Benhabib, Jess - 2012

technology diffusion, with the productivity of imitation modeled by a catch-up function that increases with distance to the … frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates … optimally choose to "catch-up" or "fall-back" to a productivity ratio below the frontier …

Persistent link: https://www.econbiz.de/10013106293

Pharmaceutical Followers

Arcidiacono, Peter - 2013

We estimate a model of drug demand and supply that incorporates insurance, advertising, and competition between branded and generic drugs within and across therapeutic classes. We use data on antiulcer drugs from 1991 to 2010. Our simulations show generics and ``me-too'' drugs each increased...

Persistent link: https://www.econbiz.de/10013074647

Innovation, Imitation, and Intellectual Property Rights

Helpman, Elhanan - 2021

The debate between the North and the South about the enforcement of intellectual property rights in the South is examined within a dynamic general equilibrium framework in which the North innovates new products and the South imitates them. A welfare evaluation of a policy of tighter intellectual...

Persistent link: https://www.econbiz.de/10013245318

"Napsterizing" Pharmaceuticals : Access, Innovation, and Consumer Welfare

Hughes, James W.; Moore, Michael J.; Snyder, Edward A. - 2021

We analyze the effects on consumers of an extreme policy experiment -- Napsterizing' pharmaceuticals -- whereby all patent rights on branded prescription drugs are eliminated for both existing and future prescription drugs without compensation to the patent holders. The question of whether this...

Persistent link: https://www.econbiz.de/10013212342

State-Dependent Intellectual Property Rights Policy

Acemoglu, Daron - 2016

What form of intellectual property rights (IPR) policy contributes to economic growth? Should technological followers be able to license the products of technological leaders? Should a company with a large technological lead receive the same IPR protection as a company with a more limited lead?...

Persistent link: https://www.econbiz.de/10012747875

Experimentation, Patents, and Innovation

Acemoglu, Daron - 2013

This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the allocation of resources by encouraging rapid experimentation and efficient ex post transfer of knowledge across firms. Each firm receives a private signal on the success...

Persistent link: https://www.econbiz.de/10012753422

Intellectual Property Rights, Imitation, and Foreign Direct Investment : Theory and Evidence

Branstetter, Lee - 2010

which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South …

Persistent link: https://www.econbiz.de/10012760176

From Imitation to Innovation : Where is All that Chinese R&D Going?

König, Michael D.; Song, Zheng (Michael); … - 2022

We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of...

Persistent link: https://www.econbiz.de/10013309719

Starving (or Fattening) the Golden Goose? : Generic Entry and the Incentives for Early-Stage Pharmaceutical Innovation

Branstetter, Lee - 2015

Over the last decade, generic penetration in the U.S. pharmaceutical market has increased substantially, providing significant gains in consumer surplus. What impact has this rise in generic penetration had on the rate and direction of early stage pharmaceutical innovation? We explore this...

Persistent link: https://www.econbiz.de/10013032342