Showing 1 - 7 of 7
A special characteristic of the patent system is that it features multiple patent-policy levers that can be employed by policymakers. In this study, we develop a quality-ladder model to analyze the optimal mix of patent instruments. Specifically, we consider (a) patent breadth and (b) the...
Persistent link: https://www.econbiz.de/10008548833
IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries. Thirdly …, the optimal level of IPR protection should tradeoff the social benefits of enhanced innovation against the social costs of …
Persistent link: https://www.econbiz.de/10008528740
This study develops a Schumpeterian growth model to analyze the effects of different patent instruments on innovation …. We first analyze patent breadth that captures the traditional positive effect of patent rights on innovation. Then, we … assigned to incumbents reduces entrants' incentives for innovation. This aspect of blocking patents captures the recently …
Persistent link: https://www.econbiz.de/10008753085
This study develops an R&D-based growth model with basic and applied research to analyze the growth and welfare effects of two patent instruments (a) the patentability of basic R&D and (b) the division of profi�t between basic and applied researchers. We �find that for the purpose of...
Persistent link: https://www.econbiz.de/10008784625
This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current … debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form … of blocking patents. We show that patent protection changes the direction of innovation by having asymmetric effects on …
Persistent link: https://www.econbiz.de/10009021964
This study develops an R&D-based growth model that features both vertical and horizontal innovation to shed some light … on the current debate on whether patent protection stimulates or stifles innovation. Specifically, we analyze the growth … ladder. We show that patent protection has asymmetric effects on vertical innovation (i.e., quality improvement) and …
Persistent link: https://www.econbiz.de/10008854399
opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …
Persistent link: https://www.econbiz.de/10011118529