Theoretical Analysis on the Effects of Strengthening Intellectual Property Rights Protection on R&D and Economic Growth

本研究项目调查了私营企业在研发活动中保护发明的知识产权的激励措施的作用以及技术进步的总体速度。主要发现是，当企业有足够强的激励措施来保护其发明时，技术进步的总速度往往较低。这项研究还表明，技术进步的速度是在私人知识产权保护活动的效率非常低的情况下最大化的。

This research project investigated the role of private firms' incentives to protect intellectual property protection for their inventions in R&D activity and the aggregate rate of technological progress. The major finding is that when firms have sufficiently strong incentives to protect their inventions, the aggregate rate of technological progress tends to be low. This research also shows that the rate of technological progress is maximized at a very lower level of the effectiveness of private activity for IPR protection.