Intellectual property and product market competition regulations in a model with two R&D performing sectors
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F21%3A00542050" target="_blank" >RIV/00216208:11640/21:00542050 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1017/S1365100518000573" target="_blank" >https://doi.org/10.1017/S1365100518000573</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1017/S1365100518000573" target="_blank" >10.1017/S1365100518000573</a>
Alternative languages
Result language
angličtina
Original language name
Intellectual property and product market competition regulations in a model with two R&D performing sectors
Original language description
I analyze the impact of intellectual property and product market competition regulations on innovation and long-run growth in an endogenous growth model with two R&D performing sectors. I show that strengthening intellectual property rights and competition in a sector increases its R&D investments. However, these policies adversely affect R&D investments in the other sector because of increased factor competition between the sectors. As a result, the overall impact of such policies on economic growth is ambiguous. I perform a numerical exercise in an attempt to resolve this ambiguity. This exercise suggests that strengthening intellectual property rights increases economic growth, but higher competition has a very limited effect on growth.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GBP402%2F12%2FG097" target="_blank" >GBP402/12/G097: DYME-Dynamic Models in Economics</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Macroeconomic Dynamics
ISSN
1365-1005
e-ISSN
1469-8056
Volume of the periodical
25
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
22
Pages from-to
59-80
UT code for WoS article
000609106000004
EID of the result in the Scopus database
2-s2.0-85056540798