This article extends the industry dynamics model of Vallée & Yildizoglu (2006) in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. This model explicitly takes into account the potentially positive effects of patents: publication of patents...

This article develops an evolutionary model of industry dynamics in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. This model explicitly takes into account the potentially positive effects of the patents: Publication of patents participates to...

Outward foreign direct investment (OFDI) from emerging countries to relatively low-wage countries has raised important questions about its impact on domestic technological development because of the small gap in terms of a technological lead. This paper develops hypotheses linking the impact of...

There is a strong foundation in theoretical and empirical research in economics for the proposition that efficient climate policy must include both carbon-price policy and technology policy. Even the most modest projections of Greenhouse Gas (GHG) reductions needed to moderate climate change...

Recently, the role of returnees in the economic development of various East Asian nations has received much attention. The early literature on the relocation of the most highly trained individuals from a developing nation to a developed nation viewed the phenomena as a “brain drain.” Since...