Information Gathering, Innovation and Growth
Carmelo Parello ()
No 122, Working Papers from University of Rome La Sapienza, Department of Public Economics
In this paper we study the economic implications of IPR protection on corporate intelligence, R&D investment and economic growth. To accomplish this objective, we present a dynamic, scale-invariant Schumpeterian model of growth with information gathering and analyze the steady-state eÂ¤ects of introducing stronger protection for Â…rms conÂ…dential information. In doing so, we introduce the trade secret into a standard quality-ladder growth model and study the long-run implications of improving the privacy of Â…rmsÂ’data. We Â…nd that reducing the set of practices of information gathering is more eÂ¤ective in protecting Â…rmsÂ’privacy than strengthening trade secret.
Keywords: R&D investment; trade secret; information gathering; economic growth. (search for similar items in EconPapers)
JEL-codes: D9 K4 L5 O32 (search for similar items in EconPapers)
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Working Paper: Information gathering, innovation and growth (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:sap:wpaper:wp122
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