We build a growth model with status preference to explore the effects of patent protection on innovation and social welfare. The main results are as follows. There exists a non-monotonic relationship between patent protection and innovation, and the growth-rate-maximizing degree of patent...

This paper theoretically and empirically investigates the effects of patent protection on innovation and economic growth by looking at the interaction between patent system and financial system. On the one hand, patent protection accelerates economic growth through enhancing the value of...

We build a growth model with status preference to explore the effects of patent protection on innovation, inequality and social welfare. The main results are as follows. There is a non-monotonic relationship between patent protection and innovation. In addition, the effect of patent protection...

Energy consumption brought about by economic growth has aggravated carbon emissions and climate change, and technological innovation is an important measure for energy conservation and emission reduction to mitigate climate change. Using the data of Asian and European countries from 1996 to...

This paper investigates the impact of climate change and technological innovation on economic growth, energy consumption, and carbon emissions by using annual observations of a wide range of variables of Asian and European countries from 1996 to 2021. The study uses a dynamic GMM model and...