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Revisiting the link between knowledge spillovers and growth: an intellectual property perspective

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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  • Andreas Panagopoulos
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<mark>Journal publication date</mark>2009
<mark>Journal</mark>Economics of Innovation and New Technology
Issue number6
Volume18
Number of pages14
Pages (from-to)533-546
Publication StatusPublished
Early online date5/08/09
<mark>Original language</mark>English

Abstract

Patents act as an incentive to innovate. However, as this paper argues, patents can discourage some innovators from innovating, reducing knowledge spillovers. The combined result of the above suggests a concave relationship between patent protection and output growth.