2006
DOI: 10.1111/j.1467-9361.2006.00343.x
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Intellectual Property Rights and Economic Growth

Abstract: Interest in links between protection of intellectual property and growth has been revived by developments in new growth theory and by the WTO's TRIPS Agreement. The relationship between the strength of a country's intellectual property rights (IPRs) regime and rate of growth is ambiguous from a theoretical standpoint, reflecting the variety of channels through which technology can be acquired and their differing importance at different stages of development. We investigate the impact of IPR protection on econo… Show more

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Cited by 240 publications
(153 citation statements)
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“…By some authors (Falvey, Foster and Greenaway, 2006) the intellectual property was considered to be a public good, therefore non-rivalrous and sometimes non-excludable, which was the reason for governmental or intergovernmental intervention. The incentive of IPP was considered necessary for inducing companies to invest in R&D and speeding up innovations and therefore economic growth.…”
Section: Theoretical Arguments Prevailing In Literaturementioning
confidence: 99%
See 1 more Smart Citation
“…By some authors (Falvey, Foster and Greenaway, 2006) the intellectual property was considered to be a public good, therefore non-rivalrous and sometimes non-excludable, which was the reason for governmental or intergovernmental intervention. The incentive of IPP was considered necessary for inducing companies to invest in R&D and speeding up innovations and therefore economic growth.…”
Section: Theoretical Arguments Prevailing In Literaturementioning
confidence: 99%
“…For the world outside this handful of developed countries the situation is different. Falvey, Foster and Greenaway (2006) argue the impact of IPP protection on economic growth is likely to depend upon the country in question, in particular on its level of development and its ability to innovate and imitate. It is also argued that relationship between IPP and growth is a nonlinear one with countries with high incomes per capita likely to grow more rapidly, the stronger is the IPP.…”
Section: Theoretical Arguments Prevailing In Literaturementioning
confidence: 99%
“…This has been neglected in most previous work on intellectual property and development, which tend to treat TRIPS as having uniform implications for developing countries, and ignore details of TRIPS implementation (Ivus 2010;Falvey, Foster, and Greenaway 2006;Falvey, Foster, and Greenaway 2009;Qian 2007). The effects of TRIPS on outcomes of interest (e.g.…”
Section: Introductionmentioning
confidence: 99%
“…The first consists of scholars who advocate that economic development is facilitated by enhanced protection of IPRs (Gould & Gruben, 1996;Falvey et al, 2006). According to this school, the positive nexus is facilitated via an appealing effect of stronger IPRs on factor productivity.…”
Section: Introductionmentioning
confidence: 99%