generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial …. -- Intellectual property rights ; endogenous growth ; entrepreneurship ; incentives ; knowledge spillovers ; rents …

or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …

or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …