innovation and technology diffusion, such impacts would not be evenly distributed across countries. Deep questions also arise … innovation and competition in their own markets. Developing countries may need to take the lead in policy experimentation and IP … innovation in order to offset overly protectionist tendencies in the rich countries and to maintain the supply of global public …

"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …