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The paper attempts a critical assessment of both the theory and the empirical evidence on the role of appropriability … and in particular of Intellectual Property Right (IPR) as incentives for technological innovation. We start with a … non-market institutions in the innovation process. Next, we examine the recent changes in the IPR regimes and their …
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de-linked the performance of firms on the financial markets from the determinants of firm-level growth and innovation …, financialization has contributed to compress and somewhat degrade the specific properties of the finance-innovation nexus of both …
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show that the industry - whose long - term evolution is driven by innovation, imitation and permanent creation of new …
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differentiation and component innovation. We show that, as the complexity of the product spaces increases, stronger patent regimes … yield lower rates of innovation, lower product quality and lower consumers' welfare. -- Patents ; appropriability of …The economic theory of intellectual property rights is based on a rather narrow view of both competition and …
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