Intellectual property and product market competition regulations in a model with two R&D performing sectors

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Intellectual property and product market competition regulations in a model with two R&D performing sectors

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Intellectual property and product market competition regulations in a model with two R&D performing sectors

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GBP402%2F12%2FG097" target="_blank" >GBP402/12/G097: DYME-Dynamické modely v ekonomii</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Macroeconomic Dynamics

ISSN

1365-1005

e-ISSN

1469-8056

Svazek periodika

25

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

22

Strana od-do

59-80

Kód UT WoS článku

000609106000004

EID výsledku v databázi Scopus

2-s2.0-85056540798