On Knowledge Diffusion, Patents Lifetime and Innovation Based Endogenous Growth

Philippe Michel and J. Nyssen

G.R.E.Q.A.M. from Universite Aix-Marseille III

Abstract: This paper analyzes the macroeconomic effects of the patent system within the framework of an endogenous growth model with new products development. We assume that patents not only represent a commercial protection for innovators but also entail a partial property right on information.

Keywords: ECONOMIC GROWTH; INNOVATIONS; TECHNOLOGY (search for similar items in EconPapers)
JEL-codes: O30 O32 O40 (search for similar items in EconPapers)
Pages: 36 pages
Date: 1996
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Citations: View citations in EconPapers (4)

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Journal Article: On Knowledge Diffusion, Patents Lifetime and Innovation Based Endogenous Growth (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:aixmeq:96a26

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