CORDIS Project
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This project investigates how patent rights influence innovation and competition among firms in Europe and the U.S. It analyzes the effectiveness of patent-granting agencies and their role in fostering technological advancement, particularly for small firms competing against larger entities.
Innovation is the key driver of competitiveness and growth.
It supplants existing technologies and erodes the market position of firms.
This creative destruction lies at the heart of endogenous growth models.
This proposal studies how patent rights shape innovation incentives and the micro-dynamics of technological competition in Europe and the U.S.
Patent rights are a key policy instrument to enhance incentives, and it is critically important that patent-granting agencies function effectively.…
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