use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region …. Second, we characterize the transitional dynamics in our model. Third, we determine the value of the patent expiry rate that … maximizes the equilibrium growth rate of a region. Finally, we show that a policy of offering perpetual patent protection does …

use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region …. Second, we characterize the transitional dynamics in our model. Third, we determine the value of the patent expiry rate that … maximizes the equilibrium growth rate of a region. Finally, we show that a policy of offering perpetual patent protection does …

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the … allocation. Finally, we study the impacts that a research subsidy and a particular patent policy have on economic growth in our …

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the … allocation. Finally, we study the impacts that a research subsidy and a particular patent policy have on economic growth in our …