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The worldwide trend towards privatisation, liberalisation and globalisation has produced substantial economic benefits … globalisation would harm the world's poorest inhabitants. Professor Calomiris, well known for his work on national and international …
Persistent link: https://www.econbiz.de/10014026087
the pharmaceutical industry. In this proposed theoretical and empirical work, innovation from the North, followed by … oligopolistic market induced by vertical innovation, tighter IPRs may hurt both economies; while in a monopolistic competition … market induced by horizontal innovation, tighter IPRs may benefit both economies as long as the degree of IPR protection is …
Persistent link: https://www.econbiz.de/10013082062
We construct an oligopoly model in which a multinational firm has a superior technology compared to local firms in the … host country. Workers employed by the multinational acquire knowledge of its superior technology and can spread their … of the superior technology benefits host firms at the expense of workers, whose wages suffer. The host government can …
Persistent link: https://www.econbiz.de/10014206994
that it provides them with respect to exhaustion policies and the use of compulsory licensing—be reconciled with existing …
Persistent link: https://www.econbiz.de/10014023447
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve …
Persistent link: https://www.econbiz.de/10011295685
firms (foreign) has superior technology. The government regulates the duopoly by levying a pollution tax to maximize … domestic welfare. We consider the potential implementation of three innovation agreements: cooperative research joint venture … (RJV), non-cooperative RJV and licensing. In the cooperative (non-cooperative) RJV, the firms (do not) internalize R …
Persistent link: https://www.econbiz.de/10011761649
. Thus, internationalization of clusters has turned out to be a new subject of innovation policy and regional development …
Persistent link: https://www.econbiz.de/10013020310
This paper explores the link between trade structure, trade specialization and per capita incomegrowth. It is argued that industrial upgrading in export specialization patterns has a positive long-rungrowth effect, while the effect of structural change in industrial import patterns is in...
Persistent link: https://www.econbiz.de/10011335211
Economists generally agree that free trade leads to economic growth. This proposition is supported both by theoretical models and empirical data. Further, while the empirical evidence is more limited on this question, the general consensus among economists holds that trade restrictions are...
Persistent link: https://www.econbiz.de/10012709251
large. Large American subsidies may cause Japanese innovation to cease. However, Japanese steady-state welfare would be …
Persistent link: https://www.econbiz.de/10014060775