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 … growth by looking at the interaction between patent system and financial system. On the one hand, patent protection …, patent protection stifles innovation. As a consequence, a non-monotonic relationship between patents and economic growth …