This paper considers the prospect of a government patent buyout in a model of endogenous growth. To this end, the … shows that in this set-up, patent buyout by the government can lead to higher level of welfare without lowering an economy …

Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology … producers. In this paper I discuss how patent pools can be used to solve these problems and what incentives patent holders have … to form a patent pool. I offer some suggestions how competition authorities can foster the formation of welfare …

. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic …Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …

positive and significant impact of AI patent families on employment, supporting the labour-friendly nature of product … innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …