Dynamic analysis of innovation and international transfer of technology through licensing
成果类型:
Article
署名作者:
Tanaka, Hitoshi; Iwaisako, Tatsuro; Futagami, Koichi
署名单位:
Ritsumeikan University; University of Osaka; University of Osaka
刊物名称:
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN:
0022-1996
DOI:
10.1016/j.jinteco.2006.12.002
发表日期:
2007
页码:
189-212
关键词:
innovation
Licensing
Technology transfer
摘要:
This paper develops a quality-ladder type dynamic general equilibrium model with endogenous innovation and technology licensing as a major source of international technology transfer in developing countries. Examining the dynamic characteristics of the model fully, we explore the short- and long-run effects of both an improvement in the probability of reaching a licensing agreement with a given effort and an increase in the license fee rate. The model shows that the former promotes innovation and technology transfers in both the long and short run, while the latter discourages them. (c) 2007 Elsevier B.V. All rights reserved.