Chu, Angus C. (2020): Patent Policy and Economic Growth: A Survey.
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Abstract
This survey provides a selective review of the literature on patent policy, innovation and economic growth. The patent system is a useful policy tool for stimulating innovation given its importance on technological progress and economic growth. However, the patent system is a multi-dimensional system, which features multiple patent policy instruments. In this survey, we review some of the commonly discussed patent policy instruments, such as patent length, patent breadth and blocking patents, and also use a canonical Schumpeterian growth model to demonstrate their different effects on innovation and the macroeconomy.
Item Type: | MPRA Paper |
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Original Title: | Patent Policy and Economic Growth: A Survey |
Language: | English |
Keywords: | patent policy, innovation, economic growth |
Subjects: | O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity |
Item ID: | 103643 |
Depositing User: | Prof. Angus C. Chu |
Date Deposited: | 22 Oct 2020 06:54 |
Last Modified: | 22 Oct 2020 06:55 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/103643 |
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