Recent empirical studies find vast industry differences in how patent protection influences innovation and growth. An optimization of aggregate growth, therefore, implies the need for a flexible patent regime responding to each industry's characteristics. In practice, sector-specific...

This paper presents a theoretical model on firms' patenting decision in vertically differentiated markets. The model's prediction regarding patenting and rival's market entry decision are then tested empirically. We find that in industries which are characterized by easy-to-use knowledge...

The objective of this paper is to show the necessity of reviving the debate on the economic justifications for patent protection. On the one hand, we see the need for the assessment of the overall welfare consequences of the existing systems of patent protection, and on the other hand, we...

The literature on trust, control and knowledge creation in seems to be moving towards a consensus. Trust is necessary to create an open atmosphere for knowledge creation while control acts as a safeguard against malfeasance. Networks that neglect either one often create less knowledge, such as...

The aim of this study is to clarify what factors affect the innovation activity of small and medium-sized enterprises (SMEs), and especially the effect of regional factors. Innovations are seen as central phenomena on both micro and macro levels in economy. However, we know little about the...

High levels of net migration to the UK have contributed to growing cultural diversity, and researchers are turning their attention to the long-term effects of diversity on productivity. Yet little is known about these issues. This paper asks: what are the links between the composition of firms'...

This paper assesses the extent to which cooperation impacts innovation performance of firms in rural regions characterized by a solid economic performance despite a low-technology industrial structure. Particular emphasis is placed on the spatial and functional dimension of cooperation. Generic...

Each region can be considered to be an individual regional innovation system. It is possible to distinguish various types of these systems. The approach based on assessment of deficiencies, which are organization thinness, lock-in effect and fragmentation, defines three types of imperfect...

Technological development and tourism is close connected since exponential growth is realized in both areas in last 50 years. Information and communication technology influence on global scale on tourism development, and tourism development change the business practice and development...