collaboration and the average service firm's innovation output …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social planner's benchmark, which suggests a role for patent policy. We focus on a “non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

in innovation activity in five newly industrialising countries (NICs) in Asia (China, India, Philippines, Thailand and … necessary to help policy makers, practitioners and scholars consider the relative levels of local innovation and the … contribution of IP to economic activity in the two regions. The article uses patent and utility model applications for both …

-be inventor that can thwart innovation and frustrate important objectives of the patent system. To resolve these problems and to …The novelty requirement seeks to ensure that a patent will not issue if the public already possesses the invention … like biotechnology, chemistry, and pharmaceuticals. For example, if a drug company seeks to patent a promising molecule …

obtain new-use patents to repurpose old drugs. This trend has fueled debates over follow-on innovation and patent quality …A bedrock principle of patent law is that old inventions cannot be patented. And a new use for an old invention does … not render the old invention patentable. This is because patent law requires novelty—an invention must be new. But while a …

assuming that the set of potential projects for innovation in each period is limited. The model differs in a number of results … from former endogenous growth models. First, it explains patent races, where many research teams search for the same … potential innovation. Second, the rate of growth of the economy is bounded and does not rise too much with the scale of the …

not as well received on the stock market. -- Distance to frontier ; Strategy ; Market value ; Innovation ; Firm Growth …

R&D activity. In financing innovation equity is a better source of external finance than debt. Equity does not require …

Firms adopt open innovation for different reasons, and they experience various barriers for open innovation. Thus, the … paper aims to answer two questions: (1) what type of drivers and barriers for open innovation that are to be identified …-high-tech industries can be identified. The authors analyzed drivers and barriers for open innovation drawn from a survey database of on …

. Equity is a preferable source of external finance for innovation than debt. It does not require collateral, does not …