In this paper we present the so-called Schumpeterian approach to economic growth, in which growth is primarily driven … micro-founded approach both, questions the old divisions between growth and development economics, and also provides the … analytical tools to design successful; strategies and appropriate institutions to achieve fast convergence and sustainable growth …

How does patent policy affect long-run economic growth through the population growth rate? To analyze this question, we … develop an R&D-based growth model with endogenous fertility. In recent vintages of R&D-based growth models in which scale … effects are absent, the long-run growth rate depends on the population growth rate that is assumed to be exogenous. In this …

This paper examines patent protection in an endogenous-growth model. Our aim is two-fold. First, we show how the patent … policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role …

quickly. Also, the approval delay is likely to decrease as an industry moves from the early stages of an innovation cycle to …

This paper examines patent protection in an endogenous-growth model. Our aim is twofold. First, we show how the patent … policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role …

This paper presents a two-countries dynamic model of Schumpeterian growth with two innovative R&D sectors in each … spillovers, possibly from the other country. We opt for an endogenous growth without scale effect specification à la Howitt (1999 …

growth. This part also discusses the distortionary effects and distributional consequences of IPR protection as well as … have different effects on R&D and growth. Secondly, there is empirical evidence supporting a positive relationship between … IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries. Thirdly …

This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current … decreases economic growth but increases social welfare due to an increase in horizontal innovation. In light of this finding, we … debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form …

This study analyzes how patent protection affects innovation in an R&D-based growth model with elastic labor supply. We … find that increasing patent breadth may generate an inverted-U effect on innovation depending on whether the model features … the knowledge-driven or lab-equipment innovation process. This result highlights an important interaction between elastic …

We build a growth model with status preference to explore the effects of patent protection on innovation and social … welfare. The main results are as follows. There exists a non-monotonic relationship between patent protection and innovation …, and the growth-rate-maximizing degree of patent protection decreases with the strength of status preference. Moreover, the …