industries today, patents may actually discourage investment in innovation for fear of winding up on the losing side of a patent …Do patents behave substantially like property rights in tangible assets, in that they encourage development and … innovation? This article notes that historical evidence, cross-country evidence, economic experiments, and estimates of net …

We use dynamic panel data regressions to investigate whether the strength of a country’s patent protection for … Pharmaceutical Intellectual Property Protection (PIPP) Index to measure patent strength, we run dynamic probit and Poisson …

This paper examines patent protection in an endogenous-growth model. Our aim is twofold. First, we show how the patent … policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role … of patents has been largely ignored. Second, we explore how the general-equilibrium framework contributes to the results …

overemphasis on patents—and inadequacies—such as failing to account for informal mechanisms of technology transfer, failing to …