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growth. This part also discusses the distortionary effects and distributional consequences of IPR protection as well as … have different effects on R&D and growth. Secondly, there is empirical evidence supporting a positive relationship between … IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries. Thirdly …
Persistent link: https://www.econbiz.de/10008528740
This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current … decreases economic growth but increases social welfare due to an increase in horizontal innovation. In light of this finding, we … debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form …
Persistent link: https://www.econbiz.de/10010573233
This study analyzes how patent protection affects innovation in an R&D-based growth model with elastic labor supply. We … find that increasing patent breadth may generate an inverted-U effect on innovation depending on whether the model features … the knowledge-driven or lab-equipment innovation process. This result highlights an important interaction between elastic …
Persistent link: https://www.econbiz.de/10010580520
We build a growth model with status preference to explore the effects of patent protection on innovation and social … welfare. The main results are as follows. There exists a non-monotonic relationship between patent protection and innovation …, and the growth-rate-maximizing degree of patent protection decreases with the strength of status preference. Moreover, the …
Persistent link: https://www.econbiz.de/10010819250
We build a growth model with status preference to explore the effects of patent protection on innovation, inequality … innovation. In addition, the effect of patent protection on social welfare is non-monotonic when the strength of status …
Persistent link: https://www.econbiz.de/10010819261
This study develops a Schumpeterian growth model to analyze the effects of different patent instruments on innovation …. We first analyze patent breadth that captures the traditional positive effect of patent rights on innovation. Then, we … assigned to incumbents reduces entrants' incentives for innovation. This aspect of blocking patents captures the recently …
Persistent link: https://www.econbiz.de/10008753085
This study develops an R&D-based growth model with basic and applied research to analyze the growth and welfare effects … researchers. We �find that for the purpose of stimulating basic R&D and economic growth simultaneously, increasing the share of …
Persistent link: https://www.econbiz.de/10008784625
This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current … decreases economic growth but increases social welfare due to an increase in horizontal innovation. In light of this finding, we … debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form …
Persistent link: https://www.econbiz.de/10009021964
This study develops an R&D-based growth model that features both vertical and horizontal innovation to shed some light … on the current debate on whether patent protection stimulates or stifles innovation. Specifically, we analyze the growth … ladder. We show that patent protection has asymmetric effects on vertical innovation (i.e., quality improvement) and …
Persistent link: https://www.econbiz.de/10008854399
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10011557905