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 …

potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …

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 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 …

commercialization of new ideas, we extend the standard multisector Schumpeterian growth theory by decomposing the product innovation …

innovation appropriability affect basic research, applied research, education, and wage inequality? This paper analyzes the … macroeconomic effects of patent protection by incorporating a two-stage cumulative innovation structure into a quality-ladder growth … effects of IPR policy: stronger protection of upstream innovation always looks bad in the short- and possibly medium-run. We …

growth in the developing country is driven by domestic innovation as well as imitation and transfer of foreign technologies … development, the country implements strong IPR protection to encourage domestic innovation. We also calibrate the model to …

In this paper we argue that government procurement policy played a role in stimulating the wave of innovation that hit …, functions as a de-facto innovation policy tool. We build a quality-ladders non-scale growth model with heterogeneous industries …