The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are …

The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are …

both theory and historical experience suggest that loose and limited IPR are most conducive to knowledge accumulation and … theory and on the grounds of the historical record of nowadays developed and emergent economies. In developed countries, the … rates of innovation. Indeed, there is circumstantial evidence to the opposite. And, indeed, a sound theoretic consideration …