Universitat de Barcelona
2014-03-24T11:40:10Z
2014-03-24T11:40:10Z
2014
2014-03-24T11:40:10Z
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.
Working document
English
Indicadors tecnològics; Recerca industrial; Innovacions tecnològiques; Competència econòmica; Technology indicators; Industrial research; Technological innovations; Competition
Universitat de Barcelona. Facultat d'Economia i Empresa
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]
cc-by-nc-nd, (c) Jerbashian, 2014
http://creativecommons.org/licenses/by-nc-nd/3.0/
