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The Impact of Patents and Standards on Macroeconomic Growth: A Panel Approach Cover in 4 Countries and 12 Sectors

2008 | Knut Blind

Based on the assumption that codified technological know-how contributes to economic growth, this paper presents the estimation of a Cobb-Douglas production function, pooling data from four European countries and 12 sectors. The empirical results confirm that both the stock of patents and the stock ...