Imitations, economic activity and welfare
The literature on innovation has traditionally seen imitation processes as harmful to the development of new technologies, adverse for growth and detrimental to the welfare of consumers, producers and society at large. However, as we show in our paper, despite this widespread belief, imitation processes have a significant and positive impact on economic activity. Among other effects, they allow excluded consumers access to new products, stimulate competition in the innovation process, encourage innovative activity and constitute a first step in developing more complex innovations. Therefore, as we will show through the development of two models -and despite the assertions of many politicians, interest groups and economists-, a lower strength patent system and an increase in the activities of imitation could i) increase the benefits to industry as a whole ii) lead to greater social surplus.
|Date of creation:||Mar 2011|
|Contact details of provider:|| Postal: Gran via, 2 50005 Zaragoza|
Fax: 976 76 19 96
Web page: http://www.dteconz.unizar.es/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rod Falvey & Neil Foster & David Greenaway, 2006. "Intellectual Property Rights and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 10(4), pages 700-719, November.
- Michele Boldrin & David K Levine, 2008.
"Against Intellectual Monopoly,"
122247000000002371, UCLA Department of Economics.
- Boldrin,Michele & Levine,David K., 2008. "Against Intellectual Monopoly," Cambridge Books, Cambridge University Press, number 9780521879286, December.
- Boldrin,Michele & Levine,David K., 2010. "Against Intellectual Monopoly," Cambridge Books, Cambridge University Press, number 9780521127264, December.
- Jérôme Vandenbussche & Philippe Aghion & Costas Meghir, 2006. "Growth, distance to frontier and composition of human capital," Journal of Economic Growth, Springer, vol. 11(2), pages 97-127, June.
- Walter G. Park & Juan Carlos Ginarte, 1997. "Intellectual Property Rights And Economic Growth," Contemporary Economic Policy, Western Economic Association International, vol. 15(3), pages 51-61, 07.
- Stephen Nickell, 1993.
"Competition and Corporate Performance,"
CEP Discussion Papers
dp0182, Centre for Economic Performance, LSE.
- Roberto Cellini & Guido Cozzi, 2005. "Intellectual Property, Competition and Growth: An Introduction," Rivista di Politica Economica, SIPI Spa, vol. 95(5), pages 3-6, September.
- Jérôme Vandenbussche & Philippe Aghion & Costas Meghir, 2004.
"Growth, distance to frontier and composition of human capital,"
IFS Working Papers
W04/31, Institute for Fiscal Studies.
- Aghion, Philippe & Meghir, Costas & Vandenbussche, Jérôme, 2005. "Growth, Distance to Frontier and Composition of Human Capital," CEPR Discussion Papers 4860, C.E.P.R. Discussion Papers.
- Vandenbussche, JÃ©rÃ´me & Aghion, Philippe & Meghir, Costas, 2006. "Growth, distance to frontier and composition of human capital," Scholarly Articles 12490648, Harvard University Department of Economics.
- James Bessen & Michael J. Meurer, 2008. "Introduction to Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk," Introductory Chapters, in: Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk Princeton University Press.
- Harabi, Najib, 1991.
"Innovation versus Imitation: Empirical Evidence from Swiss Firms,"
26214, University Library of Munich, Germany.
- Harabi, N., 1991. "Innovation Versus Imitation: Empirical Evidence from Swiss Firms," Papers 15, Universitat Zurich - Wirtschaftswissenschaftliches Institut.
- Samuel Kortum & Jonathan Eaton, 1995.
"Trade in ideas: patenting and productivity in the OECD,"
Finance and Economics Discussion Series
95-9, Board of Governors of the Federal Reserve System (U.S.).
- Eaton, Jonathan & Kortum, Samuel, 1996. "Trade in ideas Patenting and productivity in the OECD," Journal of International Economics, Elsevier, vol. 40(3-4), pages 251-278, May.
- Jonathan Eaton & Samuel Kortum, 1995. "Trade in Ideas: Patenting and Productivity in the OECD," NBER Working Papers 5049, National Bureau of Economic Research, Inc.
- Eaton, J. & Kortum, S., 1995. "Trade in Ideas: Patenting and Productivity onn the OECD," Papers 34, Boston University - Department of Economics.
- Sohn, Soo Jeoung, 2008. "The Two Contrary Effects of Imitation," Economic Modelling, Elsevier, vol. 25(1), pages 75-82, January.
- Dani Rodrik, 2007. "Introductiion to One Economics, Many Recipes: Globalization, Institutions, and Economic Growth," Introductory Chapters, in: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth Princeton University Press.
- Philippe Aghion & Peter Howitt, 2009.
"The Economics of Growth,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262012634, December.
- Richard Blundell & Rachel Griffith & John Van Reenen, 1994.
"Dynamic count data models of technological innovation,"
IFS Working Papers
W94/10, Institute for Fiscal Studies.
- Blundell, Richard & Griffith, Rachel & Van Reenen, John, 1995. "Dynamic Count Data Models of Technological Innovation," Economic Journal, Royal Economic Society, vol. 105(429), pages 333-344, March.
- Richard R. Nelson, 2007. "The changing institutional requirements for technological and economic catch up," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 1(1), pages 4-12.
- Segerstrom, Paul S, 1991.
"Innovation, Imitation, and Economic Growth,"
Journal of Political Economy,
University of Chicago Press, vol. 99(4), pages 807-827, August.
- Gene M. Grossman & Elhanan Helpman, 1989.
"Endogenous Product Cycles,"
NBER Working Papers
2913, National Bureau of Economic Research, Inc.
- Walter G. Park & Douglas C. Lippoldt, 2008. "Technology Transfer and the Economic Implications of the Strengthening of Intellectual Property Rights in Developing Countries," OECD Trade Policy Papers 62, OECD Publishing.
- Gene M. Grossman & Carl Shapiro, 1986. "Foreign Counterfeiting of Status Goods," NBER Working Papers 1915, National Bureau of Economic Research, Inc.
- Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change Princeton University Press.
- Klinger, Bailey & Lederman, Daniel, 2006. "Diversification, innovation, and imitation inside the Global Technological Frontier," Policy Research Working Paper Series 3872, The World Bank.
- Gene M. Grossman & Carl Shapiro, 1988. "Foreign Counterfeiting of Status Goods," The Quarterly Journal of Economics, Oxford University Press, vol. 103(1), pages 79-100.
- Mansfield, Edwin & Schwartz, Mark & Wagner, Samuel, 1981. "Imitation Costs and Patents: An Empirical Study," Economic Journal, Royal Economic Society, vol. 91(364), pages 907-918, December.
- Md. Rabiul Islam, 2010. "Human Capital Composition, Proximity to Technology Frontier and Productivity Growth," Monash Economics Working Papers 23-10, Monash University, Department of Economics.
- Suzanne Scotchmer, 1991. "Standing on the Shoulders of Giants: Cumulative Research and the Patent Law," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 29-41, Winter.
- Mukoyama, Toshihiko, 2003. "Innovation, imitation, and growth with cumulative technology," Journal of Monetary Economics, Elsevier, vol. 50(2), pages 361-380, March.
- Rosenberg, Nathan & Steinmueller, W Edward, 1988. "Why Are Americans Such Poor Imitators?," American Economic Review, American Economic Association, vol. 78(2), pages 229-234, May.
When requesting a correction, please mention this item's handle: RePEc:zar:wpaper:dt2011-03. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vicente Pinilla)
If references are entirely missing, you can add them using this form.