Does intellectual property protection spur technological change?

Kanwar, Sunil; Evenson, Robert E.

doi:10.1093/oep/55.2.235

Cited by 268 publications

(176 citation statements)

References 59 publications

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“…According to them, the impact is more significant in high-income countries and as the country gets poorer the effect is less important. On a similar note, Kanwar and Evenson (2003) also using Ginarte and Park Index came up with a positive and significant impact of IPP on R&D investment. They conclude that stronger protection can help to spur innovation and technological progress.…”

Section: Theoretical Arguments Prevailing In Literaturementioning

confidence: 71%

Some Effects of Intellectual Property Protection on National Economies: Theoretical and Econometric Study

Evan¹,

Vozárová²,

Bolotov³

2018

Prague Economic Papers

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This paper aims to theoretically derive and afterwards econometrically assess the impact of intellectual property protection (IPP) on national economies. The authors' main hypothesis is that by creating a form of non-market protection, IPP limits free competition and has no positive effects on national economies and the world economy in general. The hypothesis is tested through estimation of relationship between charges for the use of intellectual property and 1) gross domestic product, 2) GDP growth, 3) unemployment, 4) exports of high-tech products, 5) FDI outflow, and 6) expenses on research and development in a panel dataset of 146 countries in years 2005-2014 based Arellano-Bond estimator for dynamic panel models. The data tells us that changes in these charges have not a significant impact on the studied indicators, which counts against claims of positive impact of IPP on economies and growth.

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Section: Theoretical Arguments Prevailing In Literaturementioning

confidence: 71%

Some Effects of Intellectual Property Protection on National Economies: Theoretical and Econometric Study

Evan¹,

Vozárová²,

Bolotov³

2018

Prague Economic Papers

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“…Gould and Gruben (1996) and Kanwar and Evenson (2001) document a positive relation between property rights and growth or innovation. Moreover, Ginarte and Park (1997) find, in a study of over 120 countries, that the relation between IPR strength and innovation exhibits threshold effects: the research sector has to attain a minimum size before increased property rights improve economic performance.…”

mentioning

confidence: 99%

Endogenous Strength of Intellectual Property Rights: Implications for Economic Development and Growth

Eicher

Garcı́a-Peñalosa

2007

SSRN Journal

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Abstract:In recent empirical work, institutions have been shown to explain a significant share of the differences in cross-country accumulation, productivity, and output levels. The key institution that determines sustained development in R&D based growth models is the strength of intellectual property rights, which have thus far been assumed to be exogenous. In this paper we endogenize the strength of the intellectual property rights institutions to study how incentives to protect and exploit property rights affect economic growth.Our model explains endogenous differences in the strength of intellectual property rights across countries and highlights development thresholds that are related to the quality of such property rights. We show that market size is a crucial determinant of the existence and high quality of such institutions. In addition we find that the endogenous determination of the strength of intellectual property rights generates multiple equilibria and an institutional development threshold that must be overcome if an economy is to have strong institutions and rapid growth in the long run. This result is in line with the observed transition of early/small economic communities with common property laws to mature nation states with large institution-based societies.

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“…At a first glance, we could expect the opposite result. However, while some works, for example Park (2005) and Kanwar and Evenson (2003), generally find a positive effect, Chen and Puttitanun (2005) explain that, on the one hand, lower IPR can facilitate imitation, while on the other hand, innovation in developing countries increases in proportion to greater IPR protection. Moreover, these authors state that the optimal degree of IPR protection may depend on the country's development level.…”

Section: Ipr and Endogenous Economic Growth: Where Do We Stand? Insigmentioning

confidence: 93%

Intellectual Property Rights and Endogenous Economic Growth – Uncovering the Main Gaps in the Research Agenda

Azevedo¹,

Silva²,

Afonso³

2012

Technological Change

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Does intellectual property protection spur technological change?

Cited by 268 publications

References 59 publications

Some Effects of Intellectual Property Protection on National Economies: Theoretical and Econometric Study

Some Effects of Intellectual Property Protection on National Economies: Theoretical and Econometric Study

Endogenous Strength of Intellectual Property Rights: Implications for Economic Development and Growth

Intellectual Property Rights and Endogenous Economic Growth – Uncovering the Main Gaps in the Research Agenda

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