Knowledge licensing in a model of R&D-driven endogenous growth

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F16%3A00462434" target="_blank" >RIV/00216208:11640/16:00462434 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1515/bejm-2015-0132" target="_blank" >http://dx.doi.org/10.1515/bejm-2015-0132</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1515/bejm-2015-0132" target="_blank" >10.1515/bejm-2015-0132</a>

Result language
angličtina
Original language name
Knowledge licensing in a model of R&D-driven endogenous growth
Original language description
I model knowledge (patent) licensing and evaluate intellectual property regulation in an endogenous growth framework where the engine of growth is in-house R&D performed by high-tech firms. I show that high-tech firms innovate more and economic growth is higher when there is knowledge licensing, and when intellectual property regulation facilitates excludability of knowledge, than when knowledge is not excludable and there are knowledge spillovers among high-tech firms. However, the number of high-tech firms is lower, and welfare is not necessarily higher when there is knowledge licensing than when there are knowledge spillovers.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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