This paper shows in an endogenous growth model without scale effects that the relationship between intellectual property protection and innovation can be inverted-U-shaped. The inverted-U relationship emerges from an interaction between learning-driven and R&D-driven technological advances. © 2010 Elsevier B.V.
CITATION STYLE
Furukawa, Y. (2010). Intellectual property protection and innovation: An inverted-U relationship. Economics Letters, 109(2), 99–101. https://doi.org/10.1016/j.econlet.2010.09.004
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