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” growth process. -- INDIA ; TECHNOLOGICAL CAPABILITY ; LEARNING ; TFP ; IPR …India’s emergence in the world economy over the last decade, has often, in popular discourse, been attributed, at least … to a large extent, to its sustained efforts towards technological learning and capacity building. In this paper we …
Persistent link: https://www.econbiz.de/10003781183
Markets for knowledge are increasingly important to innovation, competitive advantage, and economic growth. This paper examines five distinct markets through which knowledge can be exchanged: the market for codified knowledge (licensing), the market for tacit knowledge (alliances), the market...
Persistent link: https://www.econbiz.de/10012052420
Technology offers enormous potential and opportunities to the Indian Banking sector. Rapid technological diffusion and entry of non-banking entities like fintechs, bigtechs and e-retailers into financial space have left no scope for Indian banks to delay and deny technological innovations. Given...
Persistent link: https://www.econbiz.de/10013238508
Tax policies are a wide array of tools, commonly used by governments to influence the economy. In this paper, we review the many margins through which tax policies can affect innovation, the main driver of economic growth in the long-run. These margins include the impact of tax policy on i) the...
Persistent link: https://www.econbiz.de/10012833487
At a time when the high-tech industry has increasingly demanded harmonized standards, China has signaled its intention to follow a different direction. China's recent actions seeking to set its own unique standards instead of adopting international standards shifts focus to the impact on...
Persistent link: https://www.econbiz.de/10012777817
Persistent link: https://www.econbiz.de/10012866061
Novelty is a basic requirement of patent law. An inventor cannot obtain a patent if the invention exists in the “prior art,” a term that generally refers to knowledge and technology already in the public domain. Interestingly, an earlier-filed patent document qualifies as prior art as of its...
Persistent link: https://www.econbiz.de/10012968133
The challenge of achieving socially optimal incentives for innovation in public goods faces twin market failures: a market failure to adequately promote public goods invention and a market failure to implement innovative public goods once developed. Though innovation in private goods sometimes...
Persistent link: https://www.econbiz.de/10012991630
From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer from negative externalities, i.e. spillovers to other...
Persistent link: https://www.econbiz.de/10012623469
When commentators discuss innovation’s externalities, they often classify them into one of two categories. On the positive externalities, or “spillovers” side, legal and economics scholars often speak of the benefits innovation confers on other innovators. Future innovators profit from...
Persistent link: https://www.econbiz.de/10013226129