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Innovation commons – which we define as repositories of freely-accessible, “open source” innovation-related information … and data - are a very significant resource for innovating and innovation-adopting firms and individuals: Availability of … free data and information reduces the innovation-specific private or open investment required to make the next innovative …
Persistent link: https://www.econbiz.de/10013213586
This paper analyzes how changing the expected length of intellectual property right (IPR) protection affects growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011443629
entry will undermine or mitigate any market power, leaving only efficiencies that benefit purchasers in the original market …
Persistent link: https://www.econbiz.de/10013083904
growth and excessive entry of firms. We show that this result is driven by the interplay between market structure and growth …
Persistent link: https://www.econbiz.de/10012782418
This paper analyzes how changing the expected length of intellectual property (IP) protection affects economic growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10012969704
This paper analyzes how changing the expected length of intellectual property (IP) protection affects economic growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011700533
unionization, heterogeneous firms as well as free market entry/exit. If unionization costs are relatively low (high), we find that …
Persistent link: https://www.econbiz.de/10011609997
This paper discusses the role of economic integration in a model of endogenous growth where the size of the firm and the interactions between growth and the (endogenous) structure of the market play a crucial role. I focus on the pure scale effects of integration and study explicitly their...
Persistent link: https://www.econbiz.de/10014084781
This paper studies the market and welfare effects of income heterogeneity in monopolistically competitive product markets in the context of nonhomothetic preferences. In a closed economy, where richer individuals' expenditures are less sensitive to price change compared to poorer ones', a...
Persistent link: https://www.econbiz.de/10013475234
Persistent link: https://www.econbiz.de/10013534192