Private Patent Protection in the Theory of Schumpeterian Growth
Private Patent Protection in the Theory of Schumpeterian Growth
复制标题
熊彼特增长理论中的私人专利保护
DOI:
10.2139/ssrn.1750393
复制
发表时间:
2010
期刊:
影响因子:
--
通讯作者:
M. Şener
中科院分区:
文献类型:
--
作者:
Lewis Davis;M. Şener
We develop a Schumpeterian growth model with privately optimal intellectual property rights (IPRs) enforcement and investigate the implications for intellectual property and R&D policies. In our setting, successful innovators undertake costly rent protection activities (RPAs) to enforce their patents. RPAs deter innovators who seek to discover higher quality products and thereby replace the patent holder. RPAs also deter imitators who seek to capture a portion of the monopoly market by imitating the patent holder's product. We investigate the role of private IPR protection by considering the impact of subsidies to RPAs on economic growth and welfare. We find that a larger RPA subsidy raises the innovation rate if and only if the ease of imitation is above a certain level. With regards to welfare, we find that depending on the parameters it may be optimal to tax or subsidize RPAs. Thus a prohibitively high taxation of RPAs is not necessarily optimal. We also show that the presence of imitation strengthens the case for subsidizing R&D.
影响因子:
1.7
作者:
Ryo Horii;Tatsuro Iwaisako
通讯作者:
Ryo Horii;Tatsuro Iwaisako