Patents may be playing an important role in determining the pace of economic growth of a country.

Fantastic news! We've Found the answer you've been seeking!

Question:

Patents may be playing an important role in determining the pace of economic growth of a country. Why?

Related Book For answer-question

Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

See More Books

Posted Date: Feb 29, 2024 06:34 AM

See More Questions

evaluate and report on the most recent (FY2020) annual report of an Australian company listed on ASX, Adairs Limited (ADH), as if you were investment analysts making a recommendation on whether your...
S. Bernanke Friday, September 21, 2018 why was the Great Recession so deep? Certainly, the collapse of the housing bubble was the key precipitating event; falling house prices depressed consumer...
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
On January 1, 2010, Phelps Company purchased an 85% interest in Sloane Company for $955,000 when the retained earnings of Sloane Company were $150,000. The difference between implied and book value...
Betty joined Jim in forming DBJ Corp. Betty contributed appreciated land for 90 percent of the stock in DBJ Inc. Jim received 10 percent of the DBJ stock valued at $15,000. Determine Jim's tax...
Williams Products Inc. manufactures and sells a number of items, including school knapsacks. The company has been experiencing losses on the knapsacks for some time, as shown by the contribution...
While the electromagnetic interaction between the photons and the charged electrons and positrons kept them in equilibrium with each other during the early universe, show that the direct...
Gross Profit Method On April 15, 2011, fire damaged the office and warehouse of Stanislaw Corporation. The only accounting record saved was the general ledger, from which the trial balance below was...
Let C be the closed convex set shown below u x2 21 Note that C is the intersection of three halfspaces and can be precisely described by the inequalities C = {x R x-1, x20, x1 + x2 0}. (a) Describe...
Using the factory energy cost data in Exhibit 11.11, find the best moving average and exponential smoothing models. Compare their forecasting ability with the regression model developed in the...
10. In a down end-milling operation, the thickness of the workpiece is 11 mm, its length is 200 mm, and the radial depth of cut is 1 mm. The cutter has four straight flutes and a diameter of 10 mm....
Let's say you get a job at Pinterest right after college. Your economic training is very valuable to them, which is why you receive a starting annual salary of $85,000. What is the total amount of...
What are the following tests counting and what would they be used to find? RBC count: What is it counting: What is it used for: Reticulocyte count: What is it counting: What is it used for:...
Edith gets her Social Security check automatically sent to her bank account via direct deposit. What is the specific term for a direct deposit transfer?
What are the common items that should be capitalized to merchandise inventory? I Net purchase of goods II Import duties, if applicable III Goods in transits with shipping terms of FOB destination...
1- Consider the following functions. (2.5 marks) 1. n 2. glog n 3. 2*3" 4. 3* n 5. 3*2" Order the above functions according to their asymptotic complexity. Start with the function having the smallest...
Jamel and Jennifer have been married 30 years and have filed a joint return every year of their marriage. Their three daughters, Jade, Lindsay, and Abbi, are ages 12, 17, and 22 respectively and all...
A statistical study shows that the fraction of television sets of a certain brand that are still in service after x years is given by f (x) = e-0.15x. (a) What fraction of the sets are still in...
Is it true that a high investment rate is a precondition for convergence?
In the national income and product accounts, personal income is calculated by subtracting from national income any income earned but not received and adding back in any income received but not...
Given the following information for November 2010, calculate the amounts of M1 and M2 in November 2010. The amounts are in billions of dollars. Currency. $915.0 Demand deposits.... 507.0 Money market...
What is the half-life of uranium-238?
Who discovered that energy and mass are two different forms of the same thing?
Is it possible for a hydrogen nucleus to emit an alpha particle? Why? (a) yes, because alpha particles are the simplest form of radiation (b) no, because it would require the nuclear fission of...

Patents may be playing an important role in determining the pace of economic growth of a country.

Question:

Expert Answer:

Patents play a significant role in determining the pace of economic growth for several reasons 1 Incentivizing Innovation Patents provide inventors an... View the full answer

Macroeconomics

Students also viewed these economics questions