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Intellectual property rights and innovation around the world: evidence from panel data

Geistige Eigentumsrechte und Innovation rund um die Welt: Aussagen von Panel-Daten
[working paper]

Léger, Andréanne

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Further Details
Corporate Editor Deutsches Institut für Wirtschaftsforschung (DIW Berlin)
Abstract "This article contributes to the literature on innovation and development by identifying the determinants of innovation, and the role of intellectual property rights, in industrialized and developing countries. Controlling for sample selection, I find that, in general, the level of intellectual property protection and a country's technological capital stock are positively related to research and development investments, while openness to trade has a negative effect. I also find the determinants of innovation to be different for industrialized and developing countries. This is supported by endogeneity tests showing that intellectual property protection is endogenous in industrialized countries, but not in developing countries. However, in both sub-samples, research and development investments Granger-cause intellectual property protection levels, whereas surprisingly, intellectual property protection does not Granger-cause research and development investments." (author's abstract)
Keywords research and development; innovation; industrial nation; developing country; right of ownership; intellectual property; legal protection; technology; investment; human capital
Classification Sociology of Science, Sociology of Technology, Research on Science and Technology; National Economy
Method empirical; quantitative empirical
Document language English
Publication Year 2007
City Berlin
Page/Pages IV,29 p.
Series DIW Diskussionspapiere, 696
Licence Deposit Licence - No Redistribution, No Modifications
data provider This metadata entry was indexed by the Special Subject Collection Social Sciences, USB Cologne