Revisiting the link between knowledge spillovers and growth: an intellectual property perspective
Andreas Panagopoulos ()
Economics of Innovation and New Technology, 2009, vol. 18, issue 6, 533-546
Abstract:
Patents act as an incentive to innovate. However, as this paper argues, patents can discourage some innovators from innovating, reducing knowledge spillovers. The combined result of the above suggests a concave relationship between patent protection and output growth.
Keywords: intellectual property; patent races; growth (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1080/10438590802231531
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