Why was Schumpeter not more concerned with patents?

Guichardaz, Rémy; Pénin, Julien

doi:10.1007/s00191-019-00633-y

Cited by 7 publications

(3 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In fact, entrepreneurs' purpose is to convert the invention into an innovation. It is highlighted, that small and medium-sized companies are becoming more important in defining alternative strategies and tactics for creating new market niches (Guichardaz & Pénin, 2019). Therefore, firms with a good innovation capacity will have a greater chance of survival in normal conditions.…”

Section: Microeconomic Perspectivesmentioning

confidence: 99%

The COVID-19 pandemic: theoretical scenarios of its socioeconomic impacts in Latin America and the Caribbean

Lanchimbra

Bonilla-Bolaños

Díaz-Sánchez

2020

Brazil. J. Polit. Econ.

View full text Add to dashboard Cite

This paper provides some theoretical scenarios the socioeconomic impacts caused by the COVID-19 pandemic for the Latin America and the Caribbean (LAC). To do so, after a brief literature review of previous pandemics, we use the macro and microeconomic theory, together with aggregated data, in order to provide expected implications of the COVID-19 pandemic for the LAC region. At a macroeconomic level, we explain how the COVID-19 shock is causing both aggregate supply and aggregate demand to reduce so plunging the region into a recession and why such a recession is dangerously harmful for the LAC economies. At a micro level, we describe why some enterprises would adapt to remain in the market or even growth; by contrast, some of them would leave the market in the short term. For the consumers, the impact of this sanitary crisis is related to the change in their preferences and household members’ relations due to extended quarantines.

show abstract

Section: Microeconomic Perspectivesmentioning

confidence: 99%

The COVID-19 pandemic: theoretical scenarios of its socioeconomic impacts in Latin America and the Caribbean

Lanchimbra

Bonilla-Bolaños

Díaz-Sánchez

2020

Brazil. J. Polit. Econ.

View full text Add to dashboard Cite

show abstract

“…However, Schumpeter proposed a contradictory innovation model, invention–innovation diffusion; i.e. technological innovation begins with research and development and ends with the market (Hanusch and Pyka, 2006; Guichardaz and Penin, 2019). If imitation is restricted or prohibited, innovation will be difficult to spread.…”

Section: Introductionmentioning

confidence: 99%

The effect of intellectual property treaties on international innovation collaboration: a study based on USPTO patents during 1976–2017

Xiang

Wang

2021

LHT

View full text Add to dashboard Cite

PurposeStudies have indicated that international innovation collaboration has promoted technology transfer and knowledge spillover between countries. The conclusion of various international intellectual property (IP) treaties has played an essential role in optimizing the international innovation and collaboration environment. This study investigates the effect of IP treaties on international innovation collaboration and whether international IP treaties can promote collaboration between a country and other economies in the world.Design/methodology/approachAfter collecting and extracting the patent record data from the United States Patent and Trademark Office (USPTO), a final dataset of 3,213,626 cooperative patents and 465,236 pairs of collaborations between two countries or regions is established. Based on the international patent collaboration data of 192 countries during 1976–2017, the changes in patent collaboration indicators after these countries joined 23 IP treaties are analyzed.FindingsInternational IP treaties have significantly increased the number of patent cooperation countries of a country and its importance in international cooperation networks. The role of IP treaties is more manifested by the increased opportunities for a country's international innovation cooperation than its influence on global innovation; this is of extreme significance for developing countries to introduce advanced technologies.Originality/valueGinarte and Park (1997) have confirmed that IP treaties have helped to raise the level of IP protection. In this study, the increase in the degree centrality of the international innovation network is evidence of IP treaties to promote innovation cooperation. For a developing country, joining an intellectual property treaty may strengthen intellectual property protection and optimize its own international innovation cooperation methods.

show abstract

“… 6 Guichardaz and Pénin (2019) link Hayek’s view on patents also to his view on the importance of the dissemination of knowledge. In The Constitution of Liberty , Hayek (1960/2011: 96, 97) argues that economic growth should be seen not only as the accumulation of goods but as the increase in knowledge that enables people to use resources for new goals.…”

mentioning

confidence: 99%

Free Markets and Public Interests in the Pharmaceutical Industry: A Comparative Analysis of Catholic and Reformational Critiques of Neoliberal Thought

Oosterhuis-Blok

Graafland

2022

Bus. Ethics Q.

View full text Add to dashboard Cite

The rise of liberal market economies, propagated by neoliberal free market thought, has created a vacant responsibility for public interests in the market order of society. This development has been critiqued by Catholic social teaching (CST), forcefully arguing that governments and businesses should be directed to the common good. In this debate, no attention has yet been given to the Reformational tradition and its principle of sphere sovereignty, which provides guidelines on the responsibilities of governments and companies for the public interest of society. This article analyzes the differences and similarities between CST and the Reformational philosophy in their critiques of the neoliberal free market perspective of Hayek. We apply the three perspectives to the case of orphan drugs in the pharmaceutical industry and show that CST and the Reformational philosophy offer valuable insights in correction to Hayek’s views on the responsibilities of governments and companies for public health interests.

show abstract

Why was Schumpeter not more concerned with patents?

Cited by 7 publications

References 6 publications

The COVID-19 pandemic: theoretical scenarios of its socioeconomic impacts in Latin America and the Caribbean

The COVID-19 pandemic: theoretical scenarios of its socioeconomic impacts in Latin America and the Caribbean

The effect of intellectual property treaties on international innovation collaboration: a study based on USPTO patents during 1976–2017

Free Markets and Public Interests in the Pharmaceutical Industry: A Comparative Analysis of Catholic and Reformational Critiques of Neoliberal Thought

Contact Info

Product

Resources

About