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In this contribution we offer a broad overview of the technological, institutional and policy dynamics associated with the great transformation - borrowing Karl Polanyi (1944) expression - leading from traditional, mostly rural, economies to economies driven by industrial activities (and...
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and in particular of Intellectual Property Right (IPR) as incentives for technological innovation. We start with a …-market institutions in the innovation process. Next, we examine the recent changes in the IPR regimes and their influence upon both rates … of patenting and underlying rates of innovation. The evidence broadly suggests that, first, IPRs are not the most …
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