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Intellectual property protection and innovation: an inverted-U relationship

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  • Furukawa, Yuichi

Abstract

This paper shows in an endogenous growth model without scale effects that the relationship between intellectual property protection and innovation can be inverted-U-shaped. The inverted-U relationship emerges from an interaction between learning-driven and R&D-driven technological advances.

Suggested Citation

  • Furukawa, Yuichi, 2010. "Intellectual property protection and innovation: an inverted-U relationship," Economics Letters, Elsevier, vol. 109(2), pages 99-101, November.
    • Handle: RePEc:eee:ecolet:v:109:y:2010:i:2:p:99-101
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