G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3262
DP3262 Factor Saving Innovation
Michele Boldrin; David Levine
发表日期2002-03-20
出版年2002
语种英语
摘要We construct a competitive model of innovation and growth under constant returns to scale. Previous models of growth under constant returns cannot model technological innovation. Current models of endogenous innovation rely on the interplay between increasing returns and monopolistic markets. In fact, established wisdom claims monopoly power to be instrumental for innovation and sees the non-rivalrous nature of ideas as a natural conduit to increasing returns. The results here challenge the positive description of previous models and the normative conclusion that monopoly through copyright and patent is socially beneficial.
主题International Macroeconomics
关键词Innovation Endogenous technological change Monopoly power
URLhttps://cepr.org/publications/dp3262
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532289
推荐引用方式
GB/T 7714
Michele Boldrin,David Levine. DP3262 Factor Saving Innovation. 2002.
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