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The Struggle to Survive in the R&D Sector: Implications for Innovation and Growth

Listed author(s):
  • Furukawa, Yuichi

By allowing for investment activities by research and development (R&D) firms to prevent product obsolescence, we show that if legal patent protection is too strong, a higher R&D subsidy rate delivers insufficient investments for survival in the R&D sector, depressing innovation and growth in the long run.

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File URL: https://mpra.ub.uni-muenchen.de/47728/1/MPRA_paper_47728.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 47728.

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Date of creation: May 2013
Handle: RePEc:pra:mprapa:47728
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  19. Segerstrom, Paul S, 2000. "The Long-Run Growth Effects of R&D Subsidies," Journal of Economic Growth, Springer, vol. 5(3), pages 277-305, September.
  20. Furukawa, Yuichi, 2013. "The Struggle to Survive in the R&D Sector: Implications for Innovation and Growth," MPRA Paper 47728, University Library of Munich, Germany.
  21. Makoto Yano, 2008. "Competitive fairness and the concept of a fair price under Delaware law on M&A," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(2), pages 175-190.
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  26. Elias Dinopoulos & Constantinos Syropoulos, 2007. "Rent Protection as a Barrier to Innovation and Growth," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(2), pages 309-332, August.
  27. Eicher, Theo & García-Peñalosa, Cecilia, 2008. "Endogenous strength of intellectual property rights: Implications for economic development and growth," European Economic Review, Elsevier, vol. 52(2), pages 237-258, February.
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