We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

This paper analyses the causal impact of Intellectual Property Rights (IPR) on pharmaceutical innovation in a panel of …. Domestic innovation is measured as citation-weighted domestic patents filed at the European Patent Office (EPO): to account for … to patent at the EPO. Results show that, in the short-run, IPR stimulate innovation. The effect for developing countries …

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 …

own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

As sustainable innovation becomes a strategy for companies to gain competitive advantage, the question of how to profit … from sustainable innovation becomes central. Surprisingly, little research exists on the appropriation strategies of … companies engaged in sustainable innovation and the few studies are poorly connected. This chapter focuses on intellectual …

This paper tries to find how firms use IPRs in the form of patents to protect innovation capital and find determinants … developing and/or implementing a product or process innovation in the years 2010-2012. Besides descriptive statistics which show … find a link between patent propensity, R&D and innovation performance. Descriptive analyses show that Polish manufacturing …

This paper analyzes the optimal protection strategy for an innovator of a complex innovation who faces the risk of … imitation by a competitor. We suppose that the innovation can be continuously fragmented into sub-innovations. We characterize … fraction of the innovation once. We also study the optimal dynamic patenting policy in a soft novelty regime, when the …

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. …