test
Search publications, data, projects and authors

Article

French

ID: <

10670/1.e0en2h

>

Where these data come from
Patent pledge and innovation growth

Abstract

`titrebPatents as collateral and the growth of innovations `/titreb The effect of the imperfection of collateral assignments of patents on the growth of innovations and the equilibrium interest rate is studied in this paper. It leads to the following results: security interests in patents leverage the growth of innovations and the effect of a reduction of the imperfection of collateral assignments has a marked effect on the growth of innovations only for relatively high growth rate with a relatively large gap between the equilibrium interest rate and the marginal rent on innovation. Negative side effects of the collateral assignments of patents are then discussed.

Your Feedback

Please give us your feedback and help us make GoTriple better.
Fill in our satisfaction questionnaire and tell us what you like about GoTriple!