driver of economic growth, so goods are produced under conditions of substantial increasing returns to scale, and innovation … creation. Moreover, an examination of OECD data related to investment in knowledge in OECD countries, with particular attention …

technological change on the economy, one must delve into structural details of the innovation process to analyze how laws … survey of the theoretical and empirical debates raised by modern growth theory. It develops a powerful engine of analysis …

industries today, patents may actually discourage investment in innovation for fear of winding up on the losing side of a patent … innovation? This article notes that historical evidence, cross-country evidence, economic experiments, and estimates of net … fight, and routine injunctive relief from patent protection may contribute to this problem. …

theory. However, these do not seem to be the elements being considered when stating that “investment is the key for growth …Devoting an increasing amount of resources to the investment process tends to be a common recommendation to promote a … sustained economic growth. Curiously enough, according to growth neoclassical theory, the factor that determines growth in the …

Intellectual Property Rights (IPRs) protection in terms of its impact on innovation and technology transfer, as well as economic … surveying the theoretical and empirical literature linking the protection of IPRs to economic growth, innovation and technology …

introduce money demand via a cash-in-advance (CIA) constraint on R&D investment into a scale-invariant Schumpeterian growth … opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …