The aim of this paper is to provide an overview of recent research on the role of patent systems in the early phases of industrialization. Perhaps surprisingly, no consensus has been reached yet as to whether the emergence of modern patent systems exerted a favourable impact on inventive...

In this paper, we argue that together with individual inventors and firms, what Robert C. Allen (1983) has termed as collective invention settings (that is settings in which rival firms freely release each other pertinent technical information), were also a crucial source of innovation in the...

This paper investigates the potential impact of increased business R&D efforts in Europe on the total factor productivity gap between European and U.S. industry. The paper addresses Europe’s ambition, expressed at the 2000 Lisbon Summit to become “the most competitive and dynamic...