ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

and direction of innovation, but at the same time confined to the role of payer of first and last resort, with dire …

The economic theory of intellectual property rights is based on a rather narrow view of both competition and … industry, that is an industry where products are complex multi-component objects and competition takes place mainly through … differentiation and component innovation. We show that, as the complexity of the product spaces increases, stronger patent regimes …

an innovation rewarding institution. According to our analysis, pharma patents have constituted legal barriers to protect …

and direction of innovation, but at the same time confined to the role of payer of first and last resort, with dire …