Knowledge Licensing in a Model of R&D-driven Endogenous Growth [WP]

Data de publicació

2014-03-24T11:40:10Z

2014-03-24T11:40:10Z

2014

2014-03-24T11:40:10Z

Resum

In this paper I present an endogenous growth model where the engine of growth is in-house R&D performed by high-tech firms. I model knowledge (patent) licensing among high-tech firms. I show that if there is knowledge licensing, high-tech firms innovate more and economic growth is higher than in cases when there are knowledge spillovers or there is no exchange of knowledge among high-tech firms. However, in case when there is knowledge licensing the number of high-tech firms is lower than in cases when there are knowledge spillovers or there is no exchange of knowledge.

Tipus de document

Document de treball

Llengua

Anglès

Publicat per

Universitat de Barcelona. Facultat d'Economia i Empresa

Documents relacionats

Reproducció del document publicat a: http://www.ub.edu/ubeconomics/knowledge-licensing-in-a-model-of-rddriven-endogenous-growth/

UB Economics – Working Papers, 2014, E14/304

[WP E-Eco14/304]

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Drets

cc-by-nc-nd, (c) Jerbashian, 2014

http://creativecommons.org/licenses/by-nc-nd/3.0/

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