by using a patent for its invention. Furthermore, not only doesn’t interoperability de-facto maximise social welfare but …

We construct a model of dynamic endogenous product innovation and international trade, using it to calculate the … welfare effects of lower intellectual property rights (IPR) protection in the non-innovating South than in the innovating … a decomposition of the dynamic welfare formula. Key features include the ability of lower Southern IPR protection to …

, both in the context of technological knowledge in particular and the decision theory in general. This paper surveys this …Following the development of knowledge economies, there has been a rapid expansion of economic analysis of knowledge … of knowledge related questions in terms of applicability and alternative approaches has led to the fragmentation of …

We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro …, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …

setting first introduced by Tsur and Zemel and then further specified by Privileggi, in which knowledge evolves according to … the Weitzman recombinant process. We pursue a direct approach based on the comparison of welfare estimations along optimal … stock of knowledge values belonging to three different ranges, thus covering all possible scenarios. …

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 … decreases economic growth but increases social welfare due to an increase in horizontal innovation. In light of this finding, we …

This study develops a Schumpeterian growth model to analyze the effects of different patent instruments on innovation …. We first analyze patent breadth that captures the traditional positive effect of patent rights on innovation. Then, we … proposed negative effect of patent rights on innovation. Finally, blocking patents generate a non-monotonic effect on …

Intellectual Property Rights (IPRs) protection in terms of its impact on innovation and technology transfer, as well as economic … growth and welfare. This paper documents the development of IPR regimes within countries and internationally, before … surveying the theoretical and empirical literature linking the protection of IPRs to economic growth, innovation and technology …