We study a general equilibrium model of international trade with heterogeneous firms, where countries can strategically invest in technology. The countries' motive is to improve firms' productivity, leading to a competitive advantage in international trade. We are interested in how trade...

Despite the emphasis of international IP treaties, such as the TRIPS Agreement, on common minimum IP standards, considerable diversity exists among developing countries regarding the nature and scope of IP standards, approaches to administration and enforcement, and the responsiveness of...

The success of the World Intellectual Property Organization's (WIPO) Development Agenda will depend upon reforms to the agency's governance. At the 2007 WIPO General Assemblies, several of the recommendations on the Development Agenda adopted by member states specifically alluded to the need for...

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth model where firm innovation endogenously determines the dynamics of...

Since the collapse of communism, Poland has distinguished itself as one of the best performing economies in the European Union. However, the recent deceleration in growth has raised concerns about a “middle income trap”. Poland ranks among the lowest in the European Union on various measures...

The behavior of nature at the smallest scale can be strange and counterintuitive. In addition to unique physical characteristics, quantum technology has many legal aspects. In this article, we first explain what quantum technology entails. Next, we discuss implementation and areas of...

This paper highlights the importance of product differentiation and endogenous Ramp;D in determining the optimal Ramp;D policy, in a model where investment in cost reducing Ramp;D is committed before firms compete in a differentiated-goods third-country export market. Ramp;D is always taxed in...

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth model where firm innovation endogenously determines the dynamics of...

Growth and business cycles have a long tradition of being studied separately. However, events such as the Great Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help alleviate such long-lasting effects of large recessions? To...

Recent studies have concluded that R&D grants can induce firms to export and that exporting and innovating can be complementary activities at the firm level. Yet the trade literature has paid little attention to the scope of innovation policy as a stimulus to both trade and innovation. To...