Category: Research – Homepage

Innovation and Appropriability: Revisiting the Role of Intellectual Property

By Filippo Mezzanotti and Timothy Simcoe

Economists generally view innovation as the most significant driver of long-run productivity growth. In their new working paper, Filippo Mezzanotti and Tim Simcoe study how firms capture the benefits of innovation using survey data collected by the US Census between 2008 and 2015.