Intellectual property protection and innovation: an inverted-U relationship

Yuichi Furukawa

Economics Letters, 2010, vol. 109, issue 2, 99-101

Abstract: This paper shows in an endogenous growth model without scale effects that the relationship between intellectual property protection and innovation can be inverted-U-shaped. The inverted-U relationship emerges from an interaction between learning-driven and R&D-driven technological advances.

Keywords: Patent; Learning; Growth; Scale; effect; R&D (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (62)

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