Estimating the Gains from Trade in the Market for Innovation: Evidence from the Transfer of Patents
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The "market for innovation" -- the sale and licensing of patents -- is an often discussed source of incentives to invest in R&D. This article presents and estimates a model of the transfer and renewal of patents that, under some assumptions, allows us to quantify the gains resulting from the
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美国国家经济研究局创建时间：
2011-08-01
