Amable, Bruno; Chatelain, Jean-Bernard; Ralf, Kirsten - In: Revue d'économie politique 116 (2006) 4, pp. 523-540
The effect of the imperfection of collateral assignments of patents on the growth of innovations and the equilibrium interest rate is studied in this paper. It leads to the following results: security interests in patents leverage the growth of innovations and the effect of a reduction of the...