Jerbashian, Vahagn2014-03-242014-03-2420141136-8365https://hdl.handle.net/2445/52845In this paper I present an endogenous growth model where the engine of growth is in-house R&D performed by high-tech firms. I model knowledge (patent) licensing among high-tech firms. I show that if there is knowledge licensing, high-tech firms innovate more and economic growth is higher than in cases when there are knowledge spillovers or there is no exchange of knowledge among high-tech firms. However, in case when there is knowledge licensing the number of high-tech firms is lower than in cases when there are knowledge spillovers or there is no exchange of knowledge.78 p.application/pdfengcc-by-nc-nd, (c) Jerbashian, 2014http://creativecommons.org/licenses/by-nc-nd/3.0/Indicadors tecnològicsRecerca industrialInnovacions tecnològiquesCompetència econòmicaTechnology indicatorsIndustrial researchTechnological innovationsCompetitioninfo:eu-repo/semantics/workingPaper2014-03-24info:eu-repo/semantics/openAccess