Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058833 | Economics Letters | 2015 | 5 Pages |
Abstract
This paper presents a growth model that can explain the coexistence of intellectual property rights and R&D subsidies as a response to the presence of both market and government failures. The framework can also generate the observed positive correlation between these two policy tools.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Fidel Perez-Sebastian,