Patents in a Model of Endogenous Growth
نویسندگان
چکیده
منابع مشابه
A two-country model of endogenous growth
We study the competitive equilibria of a two-country endogenous growth model in which the source of growth is the linearity of technology in reproducible inputs. We begin by showing that in a model with no externalities there is a unique equilibrium; however, there are multiple ways in which the social planner can allocate production plans across countries. We then introduce an externality to h...
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deployable scissor type structures are composed of the so-called scissor-like elements (sles), which are connected to each other at an intermediate point through a pivotal connection and allow them to be folded into a compact bundle for storage or transport. several sles are connected to each other in order to form units with regular polygonal plan views. the sides and radii of the polygons are...
Optimal Government Spending and Taxation in Three-Sector Endogenous Growth Model-Case Iran
The recent literature on taxation and growth has stressed the optimality of a zero long-run taxation on all accumulative factors of production. For a given path of government spending, the optimal tax plan requires the government to build up a positive stock of public wealth in the short run in the long-run, government spending can be financed with the income accruing from the management of the...
متن کاملUsing Patents in Growth Models
This paper argues that macroeconomic models of endogenous growth driven by technological change could be much improved by drawing lessons from the microeconomic literature of intellectual property design. Growth models use overly simplistic and sometimes incorrect assumptions regarding the intellectual property regime. Microeconomic theory and empirical work are reviewed to demonstrate that det...
متن کاملThe Mechanics of Endogenous Innovation and Growth: Evidence from Historical U.S. Patents∗
How does technological progress occur? Is the nature of innovation stable over time? We shed new light on these questions through a mixture of empirics and theory. We begin with an empirical analysis of patents granted by the United States Patent and Trademark Offi ce. This analysis reveals several striking facts that emphasize the increasing importance of novel combinations of technologies for...
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ژورنال
عنوان ژورنال: Journal of Economic Growth
سال: 2004
ISSN: 1381-4338
DOI: 10.1023/b:joeg.0000023017.42109.c2