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Author: National Bureau of Economic Research
Publisher:
ISBN:
Category :
Languages : es
Pages : 60
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Author: National Bureau of Economic Research
Publisher:
ISBN:
Category :
Languages : es
Pages : 60
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Author: Samuel Kortum
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 70
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Author: Zvi Griliches
Publisher: University of Chicago Press
ISBN: 0226308928
Category : Business & Economics
Languages : en
Pages : 525
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"An essential reference for specialists in the economics of technological change."--D. G. McFertridge, Canadian Journal of Economics
Author: Samuel S. Kortum
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
I use the aggregate behavior of three indicators of technology (employment of research and scientists and enginerrs, patented inventions, and total factor productivity) to identify a model of endogenous technological change. In the United States and several other developed countries, research employment and total factor productivity have both grown substantially while the rate of patenting has remained relatively flat. One interpretation of these facts is that: (i) patentable inventions are becoming increasingly difficult to discover as the quality of techniques in use increases, (ii) inventions that are patented represent percentage improvements on techniques currently in use, and (iii) the size of the economy is growing, making patents increasingly valuable and justifying increased research efforst devoted to discovering them. I develop a general-equilibrium search-theoretic model of invention to formalize this view. I then fit the model to data for the U.S. economy. The calibrated model implies that as much as 25% of U.S. productivity growth can be attributed to industrial research activity and that the equilibrium fraction of resources devoted to research is less than two-thirds of the level that a social planner would choose.
Author: Samuel S. Kortum (Wirtschaftswissenschaftler.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
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Author: Samuel Kortum
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 67
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Author: F. M. Scherer
Publisher:
ISBN:
Category :
Languages : en
Pages : 27
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Author: Jonathan Eaton
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 52
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Book Description
We develop and estimate a model of technological innovation and its contribution to growth at home and abroad. International patents indicate where innovations come from and where they are used. Countries grow at a common steady-state rate. A country's relative productivity depends upon its capacity to absorb technology. We estimate that, except for the United States, OECD countries derive almost all of their productivity growth from abroad.
Author: Daniel Benoliel
Publisher: Cambridge University Press
ISBN: 1108514952
Category : Law
Languages : en
Pages : 432
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Book Description
Economic growth has traditionally been attributed to the increase in national production arising from technological innovation. Using a panel of seventy-nine countries bridging the North-South divide, Patent Intensity and Economic Growth is an important empirical study on the uncertain relationship between patents and economic growth. It considers the impact of one-size-fits-all patent policies on developing countries and their innovation-based economic growth, including those policies originating from the World Intellectual Property Organization, the World Trade Organization and the World Health Organization, as well as initiatives derived from the TRIPS Agreement and the Washington Consensus. This book argues against patent harmonization across countries and provides an analytical framework for country group coalitioning on policy at UN level. It will appeal to scholars and students of patent law, national and international policy makers, venture capitalist investors, and research and development managers, as well as researchers in intellectual property, innovation and economic growth.
Author: Zvi Griliches
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 512
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Book Description
