Pan, Shiyuan; Zhang, Mengbo; Zou, Heng-fu - China Economics and Management Academy, Central … - 2011
This paper theoretically and empirically investigates the effects of patent protection on innovation and economic … accelerates economic growth through enhancing the value of innovation. On the other hand, it lowers the demand for capital by …, patent protection stifles innovation. As a consequence, a non-monotonic relationship between patents and economic growth …