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open-economy innovation-driven growth model, in which the high-income (low-income) country produces innovative (homogenous … innovation through an increase in labor supply in the high-income country. Given that the market equilibrium of R&D-growth models …
Persistent link: https://www.econbiz.de/10015217885
Can a transfer of wealth from the US to the least developed countries be Pareto improving? We analyze this question in an open-economy R&D-based growth model, in which the high-income (low-income) country produces innovative (homogenous) goods. We find that wealth redistribution to the...
Persistent link: https://www.econbiz.de/10015219171
intellectual property rights (IPR) has a positive effect on innovation in the sector that uses domestic inputs but both positive … and negative effects on innovation in the sector that uses foreign inputs. We test these results using an empirical …
Persistent link: https://www.econbiz.de/10015257652
of innovation and entrepreneurial activity, suggesting that distance from the frontier may have fostered the emergence of … a culture conducive to innovation, knowledge creation, and entrepreneurship. …
Persistent link: https://www.econbiz.de/10015259448
This paper analyzes the effects of intellectual property rights (IPR) protection on innovation and technology transfer … protection in two countries differs in terms of patent breadth, which determines the markups of Northern firms and their Southern …-South wage gap, a temporary increase in the Northern innovation rate, and a permanent increase in technology transfer. By …
Persistent link: https://www.econbiz.de/10015263562
This study explores the heterogeneous effects of minimum wage on innovation of different types of firms. Using firm …-level data in China, we find that a higher minimum wage is associated with more innovation by importing firms but less innovation … that a higher minimum wage reduces innovation of firms that use domestic inputs but increases innovation of firms that …
Persistent link: https://www.econbiz.de/10015265740
This study explores the heterogeneous effects of minimum wage on innovation of different types of firms. We develop an … open-economy R&D-based growth model and obtain the following result: raising the minimum wage reduces innovation of firms … that use domestic inputs but increases innovation of firms that import foreign inputs. Intuitively, when the minimum wage …
Persistent link: https://www.econbiz.de/10015267156
(product innovation) or to imitating and improving upon current products (process innovation). I analyze the impact of stronger … patents on innovation decisions, overall welfare and the distribution of welfare among countries. I show that, depending on … parameter values, firms in developed countries (North) may altogether specialize in product innovation or may attain incomplete …
Persistent link: https://www.econbiz.de/10015246475
isolation from the frontier has had a positive cumulative effect on innovation and entrepreneurial activity levels, suggesting … isolation may have fostered the emergence of a culture conducive to innovation, knowledge creation, and entrepreneurship. …
Persistent link: https://www.econbiz.de/10015253678
considers the effect of cross sectional correlations and uses the corresponding panel unit root tests to study the long …
Persistent link: https://www.econbiz.de/10015217081