Contents: Preface -- 1. Innovation, IP and intellectual capitalism -- 2. Analytical framework -- 3. Patents and innovations for growth and welfare - a literature review -- 4. Methodology -- 5. Patents, innovations and growth - empirical analysis -- 6. What explains fluctuations in patenting...

Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises - more so in domestically owned than in...

Innovation is widely considered one of the most important drivers for firm growth in the contemporary economy. However, the 'elusive' as well as heterogeneous nature of innovation has generated a lively debate among scholars with regards to the best metrics to capture its features and effects....