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The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests there are two long-run cointegrating relationships. The...
Persistent link: https://www.econbiz.de/10005605296
I construct an endogenous growth model where R&D is carried out at the industry level in a game of innovation between … leaders and followers. Innovation costs for followers are assumed to increase with the technological lag from leaders. We … innovate in equilibrium, in an attempt to force followers out of the innovation game. Second, policies (such as patents) that …
Persistent link: https://www.econbiz.de/10008876600
Vor dem Hintergrund der weiter wachsenden Bedeutung der Volksrepublik China in der Weltwirtschaft beschäftigt sich die Arbeit mit dem dortigen Schutz von Patenten. Das chinesische Patentsystem entspricht dem internationalen Standard des TRIPS-Übereinkommens. Die Analyse von Patentanmeldungen...
Persistent link: https://www.econbiz.de/10008784575
We present an analytical solution to the lab-equipment R&D growth model with an exogenous rate of imitation and apply it to study the optimal level of intellectual property rights (IPR) protection. This has already been studied in Kwan and Lai (2003); however, a mistake in writing out the...
Persistent link: https://www.econbiz.de/10010871034
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
Am 22./23. Mai 1990 fand in Madrid die erste Europäische Konferenz für Patent und Innovation (Patinnova) statt. Der … durch einen möglichst umfassenden Patentschutz an. Es wurde die Forderung gestellt, diejenigen Elemente des Patent- und …
Persistent link: https://www.econbiz.de/10005048325
, vom Patent abweichendes europäisches Schutzrecht abzusichern. …
Persistent link: https://www.econbiz.de/10005056344
industries today, patents may actually discourage investment in innovation for fear of winding up on the losing side of a patent … innovation? This article notes that historical evidence, cross-country evidence, economic experiments, and estimates of net … fight, and routine injunctive relief from patent protection may contribute to this problem. …
Persistent link: https://www.econbiz.de/10009143955
In weak intellectual property rights (IPR) environments, the imitation of proprietary technology by domestic firms has become a deterrent for foreign investment. Different multinationals may view this deterrent differently. This paper develops a model where firms with more technology are less...
Persistent link: https://www.econbiz.de/10005825669
origin and patent protection, in order to allow for parameter heterogeneity based on a country's institutional …
Persistent link: https://www.econbiz.de/10005768791