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 … innovation and that patentable innovations contribute to economic growth in developed countries, but not in developing. Instead … innovation and growth, controlling for other factors. Using Korean firm level data as a case study, we find that utility model …