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The paper presents a linear model of product quality in scientific competition.The only outputs of research are …
We analyze social learning and innovation in an overlapping generations model in which available technologies have correlated payoffs. Each generation experiments within a set of policies whose payoffs are initially unknown and drawn from the path of a Brownian motion with drift. Marginal...
We study social learning and innovation in an overlapping generations model, emphasizing the trade-off between marginal innovation (combining existing technologies) and radical innovation (breaking new ground). We characterize both short-term and long-term dynamics of innovation, and the...
This paper studies the impact of global factors on patterns of basic research across countries and time. We rely on the …
This monograph compares the methodologies and progress of the different existing models of information and communication technology (ICT) use for broad-based development and economic growth in India. It will examine the role of complementary reforms in government administration and policies. The...
This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …
Background: This study provides evidence for the financial innovation in the financial system that resulted in the economic growth of Bangladesh from 1980-2016. Methods: To capture the influence of financial innovation on economic growth, we estimated the long-run cointegration by applying...
This paper examines the background of Article 66.2 of the TRIPS Agreement, the nature of this obligation on developed … enable them to create a sound and viable technological base. This paper introduces the background to this legal obligation …
jurisdictions. In this light, the paper examines the competition agency guidelines, policy statements and related initiatives … (v) competition advocacy activities focused on the IP system. Additionally, while the primary focus of the paper is on …
We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...