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ABSTRACT This note examines the effect of patent protection in an endogenous growth model with a generic innovation process. It indicates that increasing patent breadth stimulates innovation when R&D is… Click to show full abstract
ABSTRACT This note examines the effect of patent protection in an endogenous growth model with a generic innovation process. It indicates that increasing patent breadth stimulates innovation when R&D is less intermediates-intensive than production, whereas it has a non-monotonic effect on innovation when the former is more intermediates-intensive than the latter.
Keywords:
endogenous growth;
effect;
note effect;
patents endogenous;
effect patents
Journal Title: Applied Economics Letters
Year Published: 2018
Link to full text (if available)
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Journal Title: Applied Economics Letters
Year Published: 2018
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!