We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

innovation decisions, financial decisions and decisions regarding technology adoption/diffusion through patent licensing … innovation decisions. Young R&D-intensive firms might rely more heavily on internal sources and equity than on debt financing …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property … on why developing countries should encourage FDI and strengthen the IPR regime together to enhance domestic innovation …

Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political … setting of countries with different innovation and financing capabilities, and where financing governments rely on taxes to …

world with two heterogeneous countries featuring different sizes and innovation capacities. Moving to an international …

of some significance to ask whether more stringent protection of intellectual property does indeed encourage innovation … significance of intellectual property rights as incentives for spurring innovation. …

adequacy of current enforcement tools and strategies. A lack of adequate enforcement tools might well undermine the innovation …

The impact of parallel trade on innovation in R&D-intensive industries, such as pharmaceuticals, is a hotly debated … question in antitrust and IP policy. The well known argument that parallel trade dampens innovation by undermining firms …, parallel trade increases innovation by reducing governments' incentives to set particularly low price caps. In this paper, we …