Protectionism under R&D policy: innovation rate and welfare

Purpose – The purpose of this paper is to explain how eventual pressures from national lobbies may lead governments to shift from an optimal into a non‐optimal innovation policy. Design/methodology/approach – A theoretical model is developed in order to examine and explain the growth and welfare eff...

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Bibliographic Details
Main Author: de Mello-Sampayo, F. (author)
Other Authors: de Sousa-Vale, S. (author), Camões, F. (author), Gomes, O. (author)
Format: article
Language:eng
Published: 2015
Subjects:
Online Access:https://ciencia.iscte-iul.pt/public/pub/id/855
Country:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/9024