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Emerging smaller scale, distributed production technology offers new growth prospects for the mature industrial economies, but also intensifies global competition, increases job separations and raises the risks for policy failure. The new global production organization and competition are enforcing a better match between the wide distributions of individual productivities and the still fairly flat...
Current debates on the policy orientation of Schumpeterian theorizing tend to highlight industrial policy as a controversial matter that is associated with government intervention in the process of technological innovation and industrial evolution. This paper presents a distinctly Schumpeterian approach to industrial policy, which is meant to overcome some basic misunderstandings in these controversies...
Recently the role of institutions on growth, and especially the influence of Intellectual Property Rights, has been integrated into the Schumpeterian Growth Framework. In this contribution, we highlight the possibility using one patent’s characteristic, the patent height, as an instrument for promoting innovation and growth. We introduce this possibility into the Segerstrom (Am Econ Rev 80:1290–1310,1998)/Li...
This article extends the industry dynamics model of Vallée 8 Yildizoglu (2006) in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. This model explicitly takes into account the potentially positive effects of patents: publication of patents contributes to the building of a collective knowledge stock on which new innovations can rely, and dropped patents...
This paper examines the structure and the evolution of the patents judged as essential for three major recent technical standards in information technology (MPEG2, DVD and W-CDMA). We have found that these standards have many essential patents, which are owned by many firms with different interests. The number of essential patents has increased significantly over time since the standard was set. We...
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