Information Gathering, Innovation and Growth
AbstractIn this paper we study the economic implications of IPR protection on corporate intelligence, R&D investment and economic growth. To accomplish this objective, we present a dynamic, scale-invariant Schumpeterian model of growth with information gathering and analyze the steady-state eÂ¤ects of introducing stronger protection for Â…rms conÂ…dential information. In doing so, we introduce the trade secret into a standard quality-ladder growth model and study the long-run implications of improving the privacy of Â…rmsÂ’data. We Â…nd that reducing the set of practices of information gathering is more eÂ¤ective in protecting Â…rmsÂ’privacy than strengthening trade secret.
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Bibliographic InfoPaper provided by University of Rome La Sapienza, Department of Public Economics in its series Working Papers with number 122.
Date of creation: Jun 2009
Date of revision:
R&D investment; trade secret; information gathering; economic growth.;
Other versions of this item:
- D9 - Microeconomics - - Intertemporal Choice and Growth
- K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
- L5 - Industrial Organization - - Regulation and Industrial Policy
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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