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Inventing or spying? Implications for growth

Cozzi, G.

Authors

G. Cozzi



Abstract

An engineer graduates if shederives the obvious implications of her instructor's hints. Butthe patent system rewards only the first to present nonobviousadvancements—ideas similarly skilled engineers are notexpected to invent. If a fraction of the newly invented hintsspill over before the technological advances they entail arecompleted and granted legal protection, the R&D workerswill find it convenient to spend some time searching for eachother's hints instead of creating their own. A simple modificationof the basic Schumpeterian model shows that the larger the skilledpopulation, the larger the relative incentive to spy.

Citation

Cozzi, G. (2001). Inventing or spying? Implications for growth. Journal of Economic Growth, 6(1), 55-77. https://doi.org/10.1023/a%3A1009898011453

Journal Article Type Article
Publication Date Mar 1, 2001
Deposit Date Mar 5, 2010
Journal Journal of Economic Growth
Print ISSN 1381-4338
Electronic ISSN 1573-7020
Publisher Springer
Peer Reviewed Peer Reviewed
Volume 6
Issue 1
Pages 55-77
DOI https://doi.org/10.1023/a%3A1009898011453
Public URL https://durham-repository.worktribe.com/output/1545975