Effects of Patent Length on R&D: A Quantitative DGE Analysis
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Angus Chu, 2010. "Effects of patent length on R&D: a quantitative DGE analysis," Journal of Economics, Springer, vol. 99(2), pages 117-140, March.
- Chu, Angus C., 2009. "Effects of Patent Length on R&D: A Quantitative DGE Analysis," MPRA Paper 16918, University Library of Munich, Germany.
References listed on IDEAS
- Adam B. Jaffe & Josh Lerner, 2006.
"Innovation and its Discontents,"
NBER Chapters, in: Innovation Policy and the Economy, Volume 6, pages 27-66,
National Bureau of Economic Research, Inc.
- Jaffe Adam B. & Lerner Josh, 2006. "Innovation and Its Discontents," Capitalism and Society, De Gruyter, vol. 1(3), pages 1-36, December.
- Charles I. Jones, 1999.
"Growth: With or Without Scale Effects?,"
American Economic Review, American Economic Association, vol. 89(2), pages 139-144, May.
- Charles I. Jones, "undated". "Growth: With or Without Scale Effects?," Working Papers 99001, Stanford University, Department of Economics.
- Charles I. Jones, 1995. "Time Series Tests of Endogenous Growth Models," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 495-525.
- Jones, Charles I & Williams, John C, 2000.
"Too Much of a Good Thing? The Economics of Investment in R&D,"
Journal of Economic Growth, Springer, vol. 5(1), pages 65-85, March.
- Charles I. Jones & John C. Williams, "undated". "Too Much of a Good Thing? The Economics of Investment in R&D," Working Papers 95006, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1999. "Too Much of a Good Thing? The Economics of Investment in R&D"," Working Papers 99015, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, "undated". "Too Much of a Good Thing? The Economics of Investment in R&D," Working Papers 96005, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1999. "Too Much of a Good Thing? The Economics of Investment in R&D," NBER Working Papers 7283, National Bureau of Economic Research, Inc.
- Charles I. Jones & John C. Williams, 1995. "Too much of a good thing? The economics of investment in R&D," Finance and Economics Discussion Series 95-39, Board of Governors of the Federal Reserve System (U.S.).
- Jones, C-I & Williams, J-C, 1996. "Too Much of a Good Thing? The Economics of Investment in R&D," Papers 538, Harvard - Institute for International Development.
- Kwan, Yum K. & Lai, Edwin L. -C., 2003. "Intellectual property rights protection and endogenous economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 27(5), pages 853-873, March.
- Ted O'Donoghue & Josef Zweimueller, 2004.
"Patents in a Model of Endogenous Growth,"
Journal of Economic Growth, Springer, vol. 9(1), pages 81-123, March.
- O'Donoghue, Ted & Zweimüller, Josef, 1998. "Patents in a Model of Endogenous Growth," Economics Series 56, Institute for Advanced Studies.
- O'Donoghue, Edward & Zweimüller, Josef, 1998. "Patents in a Model of Endogenous Growth," CEPR Discussion Papers 1951, C.E.P.R. Discussion Papers.
- Francisco L. Rivera-Batiz & Luis A. Rivera-Batiz, 2018.
"Economic Integration and Endogenous Growth,"
World Scientific Book Chapters, in: Francisco L Rivera-Batiz & Luis A Rivera-Batiz (ed.), International Trade, Capital Flows and Economic Development, chapter 1, pages 3-32,
World Scientific Publishing Co. Pte. Ltd..
- Luis A. Rivera-Batiz & Paul M. Romer, 1991. "Economic Integration and Endogenous Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 531-555.
- Luis A. Rivera-Batiz & Paul M. Romer, 1990. "Economic Integration and Endogenous Growth," NBER Working Papers 3528, National Bureau of Economic Research, Inc.
- Charles I. Jones & John C. Williams, 1998.
"Measuring the Social Return to R&D,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 1119-1135.
- Charles I. Jones & John C. Williams, "undated". "Measuring the Social Return to R&D," Working Papers 97002, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1997. "Measuring the social return to R&D," Finance and Economics Discussion Series 1997-12, Board of Governors of the Federal Reserve System (U.S.).
- Daron Acemoglu, 2007. "Introduction to Modern Economic Growth," Levine's Bibliography 122247000000001721, UCLA Department of Economics.
- Futagami, Koichi & Iwaisako, Tatsuro, 2007. "Dynamic analysis of patent policy in an endogenous growth model," Journal of Economic Theory, Elsevier, vol. 132(1), pages 306-334, January.
- Chien-fu Chou & Oz Shy, 1993. "The Crowding-Out Effects of Long Duration of Patents," RAND Journal of Economics, The RAND Corporation, vol. 24(2), pages 304-312, Summer.
- Diego Comin, 2004.
"R&D: A Small Contribution to Productivity Growth,"
Journal of Economic Growth, Springer, vol. 9(4), pages 391-421, December.
- Diego Comin, 2003. "R&D? A Small Contribution to Productivity Growth," Macroeconomics 0306007, University Library of Munich, Germany.
- Diego Comin, 2004. "R&D: A Small Contribution to Productivity Growth," NBER Working Papers 10625, National Bureau of Economic Research, Inc.
- Rachel Ngai & Roberto Samaniego, 2011.
"Accounting for Research and Productivity Growth Across Industries,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(3), pages 475-495, July.
- L. Rachel Ngai & Roberto M. Samaniego, 2009. "Accounting for Research and Productivity Growth Across Industries," CEP Discussion Papers dp0914, Centre for Economic Performance, LSE.
- Ngai, L. Rachel & Samaniego, Roberto M., 2009. "Accounting for research and productivity growth across industries," LSE Research Online Documents on Economics 25496, London School of Economics and Political Science, LSE Library.
- Basu, Susanto & Fernald, John G, 1997.
"Returns to Scale in U.S. Production: Estimates and Implications,"
Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 249-283, April.
- Susanto Basu & John G. Fernald, 1996. "Returns to scale in U.S. production: estimates and implications," International Finance Discussion Papers 546, Board of Governors of the Federal Reserve System (U.S.).
- Bessen, James, 2008.
"The value of U.S. patents by owner and patent characteristics,"
Research Policy, Elsevier, vol. 37(5), pages 932-945, June.
- James Bessen, 2006. "The Value of U.S. Patents by Owner and Patent Characteristics," Working Papers 0603, Research on Innovation.
- Jones, Charles I, 1995. "R&D-Based Models of Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 759-784, August.
- John Laitner, 1982. "Monopoly and Long-Run Capital Accumulation," Bell Journal of Economics, The RAND Corporation, vol. 13(1), pages 143-157, Spring.
- Tatsuro Iwaisako & Koichi Futagami, 2003. "Patent Policy in an Endogenous Growth Model," Journal of Economics, Springer, vol. 78(3), pages 239-258, March.
- Nancy T. Gallini, 2002. "The Economics of Patents: Lessons from Recent U.S. Patent Reform," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 131-154, Spring.
- Suzanne Scotchmer, 2006. "Innovation and Incentives," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262693437, April.
- Judd, Kenneth L, 1985. "On the Performance of Patents," Econometrica, Econometric Society, vol. 53(3), pages 567-585, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Angus Chu, 2010.
"Effects of patent length on R&D: a quantitative DGE analysis,"
Journal of Economics, Springer, vol. 99(2), pages 117-140, March.
- Chu, Angus C., 2007. "Economic Growth and Patent Policy: Quantifying the Effects of Patent Length on R&D and Consumption," MPRA Paper 5476, University Library of Munich, Germany.
- Chu, Angus C., 2009. "Effects of Patent Length on R&D: A Quantitative DGE Analysis," MPRA Paper 16918, University Library of Munich, Germany.
- Angus Chu, 2009.
"Effects of blocking patents on R&D: a quantitative DGE analysis,"
Journal of Economic Growth, Springer, vol. 14(1), pages 55-78, March.
- Chu, Angus C., 2007. "Optimal Patent Breadth: Quantifying the Effects of Increasing Patent Breadth," MPRA Paper 3910, University Library of Munich, Germany.
- Angus C. Chu, 2009.
"Macroeconomic Effects of Intellectual Property Rights: A Survey,"
IEAS Working Paper : academic research
09-A007, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Chu, Angus C., 2009. "Macroeconomic Effects of Intellectual Property Rights: A Survey," MPRA Paper 17342, University Library of Munich, Germany.
- Chu, Angus C. & Furukawa, Yuichi, 2011.
"On the optimal mix of patent instruments,"
Journal of Economic Dynamics and Control, Elsevier, vol. 35(11), pages 1964-1975.
- Chu, Angus C. & Furukawa, Yuichi, 2010. "On the optimal mix of patent instruments," MPRA Paper 24039, University Library of Munich, Germany.
- Angus C. Chu, 2024.
"Macroeconomic effects of intellectual property rights: an updated survey,"
Chapters, in: Walter G. Park (ed.), Handbook of Innovation and Intellectual Property Rights, chapter 2, pages 13-26,
Edward Elgar Publishing.
- Chu, Angus, 2021. "Macroeconomic Effects of Intellectual Property Rights: An Updated Survey," MPRA Paper 110839, University Library of Munich, Germany.
- Hu, Mei-Ying & Lu, You-Xun & Lai, Ching-chong, 2023.
"Patent term extensions and commercialization lags in the pharmaceutical industry: A growth-theoretic analysis,"
Journal of Macroeconomics, Elsevier, vol. 76(C).
- Hu, Mei-Ying & Lu, You-Xun & Lai, Ching-Chong, 2022. "Patent term extensions and commercialization lags in the pharmaceutical industry: A growth-theoretic analysis," MPRA Paper 113923, University Library of Munich, Germany.
- Lin, Hwan C., 2016. "The switch from patents to state-dependent prizes for technological innovation," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 193-223.
- Angus C. Chu, 2022.
"Patent policy and economic growth: A survey,"
Manchester School, University of Manchester, vol. 90(2), pages 237-254, March.
- Chu, Angus C., 2020. "Patent Policy and Economic Growth: A Survey," MPRA Paper 103643, University Library of Munich, Germany.
- Angus Chu & Guido Cozzi & Chih-Hsing Liao, 2013.
"Endogenous fertility and human capital in a Schumpeterian growth model,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(1), pages 181-202, January.
- Chu, Angus C. & Cozzi, Guido, 2011. "Cultural preference on fertility and the long-run growth effects of intellectual property rights," MPRA Paper 29059, University Library of Munich, Germany.
- Lin, Hwan C. & Shampine, L.F., 2014. "Finite-length Patents and Functional Differential Equations in a Non-scale R&D-based Growth Model," MPRA Paper 61603, University Library of Munich, Germany.
- Hwan C. Lin & L. F. Shampine, 2018. "R&D-based Calibrated Growth Models with Finite-Length Patents: A Novel Relaxation Algorithm for Solving an Autonomous FDE System of Mixed Type," Computational Economics, Springer;Society for Computational Economics, vol. 51(1), pages 123-158, January.
- Chu, Angus C. & Cozzi, Guido & Galli, Silvia, 2012.
"Does intellectual monopoly stimulate or stifle innovation?,"
European Economic Review, Elsevier, vol. 56(4), pages 727-746.
- Chu, Angus C. & Cozzi, Guido & Galli, Silvia, 2010. "Does intellectual monopoly stimulate or stifle innovation?," MPRA Paper 29061, University Library of Munich, Germany.
- Chu, Angus C. & Cozzi, Guido & Galli, Silvia, 2010. "Does intellectual monopoly stimulate or stifle innovation?," MPRA Paper 31019, University Library of Munich, Germany, revised May 2011.
- Angus C. Chu & Ching‐Chong Lai & Chih‐Hsing Liao, 2019.
"A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(7), pages 2029-2052, October.
- Chu, Angus C. & Lai, Ching-Chong & Liao, Chih-Hsing, 2010. "A tale of two growth engines: The interactive effects of monetary policy and intellectual property rights," MPRA Paper 30105, University Library of Munich, Germany, revised Apr 2011.
- Angus C. Chu & Ching-Chong Lai & Chih-Hsing Liao, 2010. "A Tale of Two Growth Engines: The Interactive Effects of Monetary Policy and Intellectual Property Rights," IEAS Working Paper : academic research 10-A006, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Chu, Angus C. & Cozzi, Guido & Galli, Silvia, 2012.
"Does intellectual monopoly stimulate or stifle innovation?,"
European Economic Review, Elsevier, vol. 56(4), pages 727-746.
- Angus C. Chu & Guido Cozzi & Silvia Galli, 2009. "Innovation-Specific Patent Protection," IEAS Working Paper : academic research 09-A010, Institute of Economics, Academia Sinica, Taipei, Taiwan, revised 16 Mar 2010.
- Chu, Angus C. & Cozzi, Guido & Galli, Silvia, 2010. "Does intellectual monopoly stimulate or stifle innovation?," MPRA Paper 29061, University Library of Munich, Germany.
- Jones, Charles I., 2005.
"Growth and Ideas,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 16, pages 1063-1111,
Elsevier.
- Charles I. Jones, 2004. "Growth and Ideas," NBER Working Papers 10767, National Bureau of Economic Research, Inc.
- Benjamin Montmartin & Nadine Massard, 2015.
"Is Financial Support For Private R&D Always Justified? A Discussion Based On The Literature On Growth,"
Journal of Economic Surveys, Wiley Blackwell, vol. 29(3), pages 479-505, July.
- Benjamin Montmartin & Nadine Massard, 2013. "Is financial support for private R&D always justified ? A discussion based on literature on growth," Working Papers 1328, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Benjamin Montmartin & Nadine Massard, 2013. "Is Financial Support for Private R&D Always Justified? A Discussion Based on the Literature on Growth," GREDEG Working Papers 2013-34, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Benjamin Montmartin & Nadine Massard, 2013. "Is financial support for private R&D always justified ? A discussion based on literature on growth," Working Papers halshs-00864011, HAL.
- Chu, Angus C. & Leung, Charles K.Y. & Tang, Edward, 2012.
"Intellectual property rights, technical progress and the volatility of economic growth,"
Journal of Macroeconomics, Elsevier, vol. 34(3), pages 749-756.
- Chu, Angus C. & Leung, Charles Ka Yui & TANG, C. H. Edward, 2012. "Intellectual property rights, technical progress and the volatility of economic growth," MPRA Paper 38132, University Library of Munich, Germany.
- Yibai Yang, 2018.
"On the Optimality of IPR Protection with Blocking Patents,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 27, pages 205-230, January.
- Yibai Yang, 2017. "Online Appendix to "On the Optimality of IPR Protection with Blocking Patents"," Online Appendices 15-290, Review of Economic Dynamics.
- Yibai Yang, 2017. "Code and data files for "On the Optimality of IPR Protection with Blocking Patents"," Computer Codes 15-290, Review of Economic Dynamics.
- Chu, Angus C. & Furukawa, Yuichi, 2011. "Growth and Welfare Effects of Patentability and Knowledge Spillovers of Basic R&D," MPRA Paper 27813, University Library of Munich, Germany.
- Ryo Horii & Tatsuro Iwaisako, 2007.
"Economic Growth with Imperfect Protection of Intellectual Property Rights,"
Journal of Economics, Springer, vol. 90(1), pages 45-85, January.
- Ryo Horii & Tatsuro Iwaisako, 2005. "Economic Growth with Imperfect Protection of Intellectual Property Rights," Discussion Papers in Economics and Business 05-23-Rev., Osaka University, Graduate School of Economics, revised Apr 2006.
- Ryo Horii & Tatsuro Iwaisako, 2005. "Economic Growth with Imperfect Protection of Intellectual Property Rights," Discussion Papers in Economics and Business 05-23, Osaka University, Graduate School of Economics.
- Ryo Horii & Tatsuro Iwaisako, 2005. "Economic Growth with Imperfect Protection of Intellectual Property Rights," Development and Comp Systems 0508001, University Library of Munich, Germany.
More about this item
Keywords
innovation-driven growth; intellectual property rights; patent length; R&D;All these keywords.
JEL classification:
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2009-12-19 (Dynamic General Equilibrium)
- NEP-INO-2009-12-19 (Innovation)
- NEP-IPR-2009-12-19 (Intellectual Property Rights)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sin:wpaper:09-a001. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: HsiaoyunLiu (email available below). General contact details of provider: https://edirc.repec.org/data/sinictw.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.