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| Author: | Cheng, L. Tao, Z. |
| Title: | The impact of public policies on innovation and imitation: the role of R&D technology in growth models |
| Journal: | International Economic Review
1999 : FEB, VOL. 40:1, p. 187-207 |
| Index terms: | INNOVATION R&D TECHNOLOGY |
| Language: | eng |
| Abstract: | It has been shown under the assumption of linear R&D technology that a government subsidy to imitative (innovative) R&D decreases (increases) imitative effort, and that strengthening the enforcement of patent laws leads to a decrease in innovative R&D but to an increase in imitative R&D. By replacing the linear R&D technology with a sufficiently convex R&D technology, the authors have shown that the counter-intuitive results are reversed. |
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