Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/108404
Title: Intellectual Property and Product Market Competition Regulations in a Model with Two R&D Performing Sectors
Author: Jerbashian, Vahagn
Keywords: Indicadors tecnològics
Recerca industrial
Innovacions tecnològiques
Competència econòmica
Technology indicators
Industrial research
Technological innovations
Competition
Issue Date: 2017
Publisher: Universitat de Barcelona. Facultat d'Economia i Empresa
Abstract: 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 of the other sector. The overall impact of such policies on economic growth is ambiguous because of this. I perform a numerical exercise in an attempt of resolving the ambiguity. This exercise suggests that strengthening intellectual property rights can increase economic growth, but higher competition has a very limited effect on growth.
It is part of: Documents de treball (Facultat d'Economia i Empresa. Espai de Recerca en Economia), 2017, E17/358
URI: http://hdl.handle.net/2445/108404
Appears in Collections:UB Economics – Working Papers [ERE]

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