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Endogenous Recombinant Growth Through Market Production of Knowledge and Intellectual Property Rights
Marchese, Carla - 2015
The legal monopoly granted by the patent system has often been criticized for its inefficiency, which is exacerbated by the peculiarities of knowledge as a public good. In this paper we aim at studying more deeply the latter concern. Hence we build a model in which monopolistic exploitation does...
Persistent link: https://www.econbiz.de/10013020858
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Optimal Patent Breadth in a Two-Sector Economy
Goh, Ai-Ting; Olivier, Jacques - 2014
product (or "downstream") sector. Innovation takes place in both sectors. Following Gilbert and Shapiro (1990), we define … in the downstream sector increases the incentives of agents to do R&D in that sector but discourages innovation in the … downstream sector slows it down. We show that regardless of parameter values, welfare maximizing, rate of innovation maximizing …
Persistent link: https://www.econbiz.de/10014046246
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Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
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Growth maximising patent lifetime
Bucci, Alberto; Saglam, H. C. - 2000
Using a vertical differentiation model of endogenous growth with stochastic R&D activity, we characterise the optimal patent lifetime a government would set in order to maximise economic growth. We show that a finite patent lifetime does exist and is unique provided that the expected rate of...
Persistent link: https://www.econbiz.de/10011608627
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Buy, Keep or Sell : Economic Growth and the Market for Ideas
Akcigit, Ufuk - 2015
An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...
Persistent link: https://www.econbiz.de/10013034553
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Immigration, innovation, and growth
Burchardi, Konrad B.; Chaney, Thomas; Hassan, Tarek A.; … - 2020
We show a causal impact of immigration on innovation and dynamism in US counties. To identify the causal impact of … recent decades. We show four main results. First, immigration has a positive impact on innovation, measured by the patenting … impact of immigration on innovation percolates over space, but spatial spillovers quickly die out with distance. Fourth, the …
Persistent link: https://www.econbiz.de/10012230294
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Growth Maximising Patent Lifetime
Bucci, Alberto; Saglam, H.C - 2015
Using a vertical differentiation model of endogenous growth with stochastic R&D activity, we characterise the optimal patent lifetime a government would set in order to maximise economic growth. We show that a finite patent lifetime does exist and is unique provided that the expected rate of...
Persistent link: https://www.econbiz.de/10014145523
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Is regional innovative activity path-dependent? : an empirical analysis for Germany
Bode, Eckhardt - 2001
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10011477128
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The role of human capital and innovation in Prussian economic development
Cinnirella, Francesco; Streb, Jochen - 2013
causal effect of human capital on income, net of the innovation channel. …
Persistent link: https://www.econbiz.de/10009792180
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Is regional innovative activity path-dependent? An empirical analysis for Germany
Bode, Eckhardt - 2001
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10010265496