Literature Review - 1343 Words

This paper consists of literature review of previous researches conducted related to the effect of utility model on innovation and technological growth of South Korea, China, Japan, Taiwan, Australia, and Germany. I will discuss the following: how patent and utility model contributes uniquely to innovation and technological growth to countries in different economic growth phase, in terms of total factor productivity (TFP), detailed costs and benefits, and commonality of each type of intellectual property (IP) protection system, conduct case studies on China, South Korea, Japan, and Australia by comparing the trend of patent and utility model application to the level of TFP, discussions about the findings and a conclusion. Patents promote†¦show more content†¦This is a case for social inefficiency. In this case, if charging for access excludes some would-be consumers, the result is waste. The example of AIDS drugs illustrates this point: AIDS drugs are relatively inexpensive to produce. They are sufficiently inexpensive to produce, that the benefits to in lives saved exceed the costs of producing the drugs by orders of magnitude (Foray, 2010). But because of patents, no price competition is permitted and the patent holders (the large pharmaceutical companies) charge such an enormous premium over the cost of producing the drugs – to reap large profits from sales in rich countries – that individuals in many countries cannot afford them. Here is an example where the overpricing has real and enormous social costs. Empirical analyses of historical data have emphasized the role of patent laws in creating incentives to invent, promoting innovation, and encouraging economic growth (Khan and Sokoloff 1993; Lamoreaux and Sokoloff 1999; Khan 2005). Patent rights affect the process of cumulative innovation by knowledge spillovers which they have to disclose information about patent – it lies at the heart of the recent macroeconomic theory literature on innovation and growth, like endogenous growth models discussed by Grossman and Helpman (1991), Aghion and Howitt (!992), and Acemoglu and Akcigit (2012). There remainShow MoreRelatedEssay Literature Review1001 Words   |  5 PagesLiterature Review The purpose of this research project is for you to create a scholarly piece of graduate-level research and writing, which conforms to APA format. Competency in the APA format is required of all Business graduates of Liberty University, as set forth by policy of both the Graduate Faculty and the administration. You will research and write a literature review on a topic relevant to our course. What is a Literature Review? â€Å"A literature review discusses published informationRead MoreNarrative Literature Reviews1589 Words   |  7 PagesNarrative literature reviews Introduction n A literature review is a comprehensive study and interpretation of the work that has been published on a particular topic n A literature review should convey the knowledge and ideas that have been established on a topic and their strengths and limitations Why undertake a literature review? n To provide a review of the current knowledge in a particular field n Provide a description of research studies n Identify gaps in current knowledge n Identify emergingRead MoreImportance And Characteristics Of Literature Reviews1615 Words   |  7 PagesImportance and Characteristics of Literature Reviews A literature review examines existing research that is important to the work that you want to do. Literature reviews provide important background information and details about a specific research topic. 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What isRead MoreA Literature Review : The Walden University Library Essay1070 Words   |  5 PagesA literature review is an interpretation of arrays of circulating articles written by the scholar-authors’ of researchers related to several topics. A literature search for evidence-based research can be overpowering. The Walden University library illuminates on the superlative quality of evidence-based research and which databases to utilize with research searches. Filtered resources are the superlative quality of studies related to evidence-based practice and encompasses systemic reviews, criticallyRead MoreThe Impact Of Telemedicine On Health, A Systematic Literature Review1530 Words   |  7 PagesIntroduction To evaluate and study the impact of telemedicine in health, a systematic literature review was conducted. An electronic research through the University of Maryland library was done the articles selected dated from 2000 to 2014. 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The citations are alphabetically put in order and the citation itself is shown byRead MoreReview Of Formative Fictions : Imaginative Literature And The Training Of The Capacities `` Essay2185 Words   |  9 PagesNayiri Khatchadourian HNRS 63W Prof. Bruce Stone 6 June 2017 The Consequence of Reading Fiction In his essay †Formative Fictions: Imaginative Literature and the Training of the Capacities†, Joshua Landy, professor at Stanford University, aims to explain the function of fiction and the reward of our engagement with literary works. Landy highlights three theories of the function of fiction: the exemplary branch, which invites the reader to consider characters as models for emulation or avoidance,Read MoreReview Of Literature Review On Literature Essay2370 Words   |  10 PagesChapter - 4. REVIEW OF LITERATURE Literature survey is undertaken to study and analyze the finding of other researcher in their studies that are related to the subject under consideration. A research literature review, as a process, is a systematic, explicit, and reproducible method for identifying, evaluating and synthesizing the existing body of completed and recorded work produced by researchers, scholars and practitioners (Fink, 2010). As a noun, literature review is an organizedRead MoreLiterature Review793 Words   |  4 PagesU02a1 Building Your Literature Review Plan: Part One - Sheila Darden The plan to collect and organize literature that explains the history of retention starts with the collections of scholarly, peer reviewed articles that provide insight to the history of retention. The literature will be organized alphabetically at first then to gain a better insight into the history of retention the collections of scholarly, peer review articles will be organized according to the date they were published. The