Intellectual property protection and innovation: an inverted-U relationship

This paper shows in an endogenous growth model without scale effects that the relationship between intellectual property protection and innovation can be inverted-U-shaped. The inverted-U relationship emerges from an interaction between learning-driven and R&D-driven technological advances.

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Year of publication:	2010
Authors:	Furukawa, Yuichi
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 109.2010, 2, p. 99-101
Publisher:	Elsevier
Keywords:	Patent Learning Growth Scale effect R&D

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008867042