Munich Personal RePEc Archive

International R&D Funding and Patent Collateral in an R&D-Growth Model

Huang, We-Chi and Chen, Ping-ho and Lai, Ching-Chong (2016): International R&D Funding and Patent Collateral in an R&D-Growth Model.

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Abstract

This paper develops an R&D-based growth model featuring international R&D funding and patent collateral. It then uses the model to examine how the international borrowing interest rate and the fraction of patent collateral will affect innovations and economic growth.

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