Kim, Yee Kyoung; Lee, Keun; Park, Walter G.; Choo, Kineung - In: Research Policy 41 (2012) 2, pp. 358-375
This paper examines how the role of patents and utility models in innovation and economic growth varies by level of … economic development. Using a panel dataset of over 70 countries, we find that patent protection is an important determinant of … innovation and that patentable innovations contribute to economic growth in developed countries, but not in developing. Instead …