File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Article: The impact of public policies on innovation and imitation: The role of R&D technology in growth models

TitleThe impact of public policies on innovation and imitation: The role of R&D technology in growth models
Authors
Issue Date1999
PublisherWiley-Blackwell Publishing, Inc.. The Journal's web site is located at http://www.wiley.com/bw/journal.asp?ref=0020-6598
Citation
International Economic Review, 1999, v. 40 n. 1, p. 187-207 How to Cite?
AbstractIt has been shown under the assumption of linear R&D technology that a government subsidy to imitative (innovative) R&D decreases (increases) imitative effort but increases (decreases) innovative effort, and that strengthening the enforcement of patent laws leads to a decrease in innovative R&D but to an increase in imitative R&D. By replacing the linear R&D technology with a sufficiently convex R&D technology, we have shown that the counter-intuitive results are reversed. In the case of linear R&D technology, the socially optimal R&D policies and activities are indeterminate, but with convex R&D technology, optimal innovation and imitation subsidies would induce the market to generate socially 'balanced' innovative and imitative activities.
Persistent Identifierhttp://hdl.handle.net/10722/85946
ISSN
2015 Impact Factor: 1.29
2015 SCImago Journal Rankings: 2.153
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorCheng, LKen_HK
dc.contributor.authorTao, Zen_HK
dc.date.accessioned2010-09-06T09:11:03Z-
dc.date.available2010-09-06T09:11:03Z-
dc.date.issued1999en_HK
dc.identifier.citationInternational Economic Review, 1999, v. 40 n. 1, p. 187-207en_HK
dc.identifier.issn0020-6598en_HK
dc.identifier.urihttp://hdl.handle.net/10722/85946-
dc.description.abstractIt has been shown under the assumption of linear R&D technology that a government subsidy to imitative (innovative) R&D decreases (increases) imitative effort but increases (decreases) innovative effort, and that strengthening the enforcement of patent laws leads to a decrease in innovative R&D but to an increase in imitative R&D. By replacing the linear R&D technology with a sufficiently convex R&D technology, we have shown that the counter-intuitive results are reversed. In the case of linear R&D technology, the socially optimal R&D policies and activities are indeterminate, but with convex R&D technology, optimal innovation and imitation subsidies would induce the market to generate socially 'balanced' innovative and imitative activities.en_HK
dc.languageengen_HK
dc.publisherWiley-Blackwell Publishing, Inc.. The Journal's web site is located at http://www.wiley.com/bw/journal.asp?ref=0020-6598en_HK
dc.relation.ispartofInternational Economic Reviewen_HK
dc.titleThe impact of public policies on innovation and imitation: The role of R&D technology in growth modelsen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0020-6598&volume=40&spage=187&epage=207&date=1999&atitle=The+Impact+of+Public+Policies+on+Innovation+and+Imitation:+The+Role+of+R+and+D+Technology+in+Growth+Modelsen_HK
dc.identifier.emailTao, Z: ztao@hku.hken_HK
dc.identifier.authorityTao, Z=rp01097en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1111/1468-2354.00011-
dc.identifier.scopuseid_2-s2.0-0000627653en_HK
dc.identifier.hkuros43987en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0000627653&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume40en_HK
dc.identifier.issue1en_HK
dc.identifier.spage187en_HK
dc.identifier.epage207en_HK
dc.identifier.isiWOS:000078680500010-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridCheng, LK=7403337020en_HK
dc.identifier.scopusauthoridTao, Z=7201884505en_HK

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats