Batabyal, Amitrajeet A.; Nijkamp, Peter - 2013
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 …
