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This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …
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We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...
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Science, innovation, knowledge and digital technologies have played a fundamental role in the growth potential, social … inclusive and sustainable development strategies in which science, technology and innovation are key players for a …Foreword .-- Main messages .-- Chapter I. A brief overview of science, technology and innovation in Latin America and …
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