In this paper, we provide empirical evidence to the effect that strong patent rights may
complement competition-increasing product market reforms in fostering innovation. First, we …

This survey provides a selective review of the literature on patent policy, innovation and
economic growth. The patent system is a useful policy tool for stimulating innovation given …

This study develops an R&D-based growth model with vertical and horizontal innovation to
shed some light on the current debate on whether patent protection stimulates or stifles …

This study explores the dynamic effects of patent policy on innovation and income inequality
in a Schumpeterian growth model with endogenous market structure and heterogeneous …

Inspired by the Chinese experience, we develop a Schumpeterian growth model of distance
to frontier in which economic growth in the developing country is driven by domestic …

The incentives to conduct basic or applied research play a central role for economic growth.
How does increasing early innovation appropriability affect basic research, applied …

This study develops a scale-invariant Schumpeterian growth model with endogenous fertility
and human capital accumulation. The model features two engines of long-run economic …

This paper develops a Schumpeterian growth model in which institutional quality matters for
inequality and growth. In particular, asymmetric information between political authorities and …

This study provides a growth-theoretic analysis of the effects of intellectual property rights on
the take-off of an economy from an era of stagnation to a state of sustained economic …

Firm success is often associated with the development of better products. Private firms
undertake applied R&D seeking market advantage, by capitalizing on the freely accessible …