Patent Policy in an Endogenous Growth Model

被引：0
|
作者：
Tatsuro Iwaisako
Koichi Futagami
机构：
[1] Faculty of Economics,
[2] Ritsumeican University,undefined
[3] 1-1-1 Noji-Higashi,undefined
[4] Kusatsu,undefined
[5] Shiga 525-8577,undefined
[6] Japan (e-mail: tiwai@ec.ritsumei.ac.jp),undefined
[7] Faculty of Economics,undefined
[8] Osaka University,undefined
[9] 1-7 Machikaneyama,undefined
[10] Toyonaka,undefined
[11] Osaka 560-0043,undefined
[12] Japan (e-mail: futagami@econ.osaka-u.ac.jp),undefined
来源：
Journal of Economics | 2003年 / 78卷
关键词：
Keywords: patent policy, endogenous growth.; JEL Classification: L50, O41.;
D O I：
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中图分类号：
学科分类号：
摘要：
We investigate how the patent policy affects economic growth and social welfare based on an endogenous growth model with R&D activities. We show that the patent length that maximizes the social welfare is finite. Moreover, by introducing compulsory licensing, we also show that the patent length that maximizes the social welfare is not infinite even if the royalty rate can be controlled.
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页码：239 / 258
页数：19
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