scholarly journals Patent policy and economic growth: A survey

2021 ◽  
Author(s):  
Angus C. Chu
Keyword(s):  
Economic Growth ◽  
Patent Policy

scholarly journals PATENT PROTECTION, OPTIMAL LICENSING, AND INNOVATION WITH ENDOGENOUS ENTRY

2019 ◽  
Vol 24 (8) ◽  
pp. 2033-2059 ◽  
Author(s):  
Keishun Suzuki
Keyword(s):  
Economic Growth ◽  
Industrial Organization ◽  
Equilibrium Model ◽  
Patent Protection ◽  
Endogenous Entry ◽  
Patent Policy ◽  
Free Entry ◽  
Patent Licensing ◽  
Dynamic General Equilibrium Model ◽  
Extended Analysis

How does patent policy affect innovation when patent licensing is crucial for firms? To address this question, the present study incorporates voluntary patent licensing between an innovator and followers, as discussed in the literature of industrial organization, into a dynamic general equilibrium model. Unlike previous studies, both the licensing fee and the number of licensees are endogenously determined by the innovator’s maximization and the free-entry condition. Using this model, we show that strong patent protection does not always enhance innovation, economic growth, and welfare. Furthermore, the extended analysis provides the policy implication that the effect of patent policy depends on how difficult further innovation is without patent licensing of the current leading technology.

Stepping in the Shoes of Leaders of Populist Right-Wing Parties

2017 ◽  
Vol 48 (1) ◽  
pp. 40-46 ◽  
Author(s):  
Jolanda Jetten ◽  
Rachel Ryan ◽  
Frank Mols
Keyword(s):  
Economic Growth ◽  
Growth Condition ◽  
Baseline Condition ◽  
Right Wing ◽  
Economic Context

Abstract. What narrative is deemed most compelling to justify anti-immigrant sentiments when a country’s economy is not a cause for concern? We predicted that flourishing economies constrain the viability of realistic threat arguments. We found support for this prediction in an experiment in which participants were asked to take on the role of speechwriter for a leader with an anti-immigrant message (N = 75). As predicted, a greater percentage of realistic threat arguments and fewer symbolic threat arguments were generated in a condition in which the economy was expected to decline than when it was expected to grow or a baseline condition. Perhaps more interesting, in the economic growth condition, the percentage realistic entitlements and symbolic threat arguments generated were higher than when the economy was declining. We conclude that threat narratives to provide a legitimizing discourse for anti-immigrant sentiments are tailored to the economic context.

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