Jerbashian, Vahagn2017-03-142017-03-142017https://hdl.handle.net/2445/108404I 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.37 p.application/pdfengcc-by-nc-nd, (c) Jerbashian, 2017http://creativecommons.org/licenses/by-nc-nd/3.0/es/Indicadors tecnològicsRecerca industrialInnovacions tecnològiquesCompetència econòmicaTechnology indicatorsIndustrial researchTechnological innovationsCompetitioninfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/openAccess