(Before It's News)
Recently I discussed a paper by David Autor, David Dorn, Gordon Hanson, Gary P. Pisano and Pian Shu. The paper noted that as competition from China increased, innovation by US firms, measured by patent output, decreased. I believe the result, but started to wonder… are patents a good measure of innovation? Do patents drive economic growth? […]

Source:
http://angrybearblog.com/2017/03/do-patents-lead-to-economic-growth.html?utm_source=rss&utm_medium=rss&utm_campaign=do-patents-lead-to-economic-growth