Trade policy mix: IPR protection and R&D subsidies
Moonsung Kang
Canadian Journal of Economics, 2006, vol. 39, issue 3, 744-757
Abstract:
perfect. By examining policy choices wherein a government chooses both R&D subsidies and IPR protection levels simultaneously, we show that it is optimal for a government to adopt sufficiently weak IPR protection and to subsidize R&D investments of domestic firms. Inducing R&D investment of foreign rival firms will increase the profits of domestic firms.
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2006
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