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An analytical solution to the lab-equipment growth model (Rivera-Batiz and Romer,1991) with an exogenous imitation rate is presented and applied to study the policy tradeoff between weaker levels of intellectual property rights (IPR) protection yielding more consumption today, and stronger...
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way that innovators use their patent rights. Amendment of regulations is necessary to increase the room for innovation in … future of plant breeding in the light of developments around plant breeder’s rights and patent rights. The following … intellectual property in this? Who are the main patent holders in plant breeding? What are the socio-economic consequences of these …
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We consider the role of intellectual property rights (IPRs) in a Schumpeterian growth model in which patent holders … face the threats of profit loss due to imitation and complete replacement due to successful outside innovation. In this … fraction of resources allocated to innovation and imitation deterrence. The second is the quality of the IPR regime, which …
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