Archive for June, 2007

Value of Patents in Productivity and Growth

Posted on June 15th, 2007 by John Rizvi
How important are patents to the growth on an economy? A report, ‘Economic Effects of Intellectual Property-Intensive Manufacturing’, by economists Robert Shapiro and Nam Pham throws some light on this issue. According to these renowned economists, most of the value of America’s large businesses can be traced to patents and trademarks. An excerpt – The creation and adoption... Read More