Patent replacement and welfare gains

DOI10.1016/J.JEDC.2011.04.010zbMATH Open1229.91174OpenAlexW2037098507MaRDI QIDQ654611FDOQ654611

Authors: Earl L. Grinols, Hwan C. Lin 

Publication date: 29 December 2011

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.04.010

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zbMATH Keywords

innovationpatentswelfareintertemporal bountymonopoly distortion

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Welfare economics (91B15)

Cites Work

• Innovation, Imitation, and Intellectual Property Rights
• Transitional dynamics in a two-sector non-scale growth model
• On the Performance of Patents
• Global patent protection: channels of North and South welfare gain
• A note on optimal taxation in the presence of externalities
• Effective Policy Tools and Quantity Controls

Cited In (1)

• Optimal mix of R\&D subsidy and patent protection in a heterogeneous-industry R\&D-based growth model

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