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Intellectual Property Rights And Economic Growth

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Author Info
WALTER G. PARK
JUAN CARLOS GINARTE
Abstract

This paper studies the relationship between intellectual property rights (IPRs) and economic growth for a cross-section of countries for the period 1960-1990. The analysis focuses on effects of IPRs on growth using a quantitative index of IPRs. The paper finds that IPRs affect economic growth indirectly by stimulating the accumulation of factor inputs like R&D and physical capital. The positive effects of IPRs on factor accumulation, particularly of R&D capital, are present even when the analysis controls for a more general measure of property rights Copyright 1997 Western Economic Association International.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1465-7287.1997.tb00477.x
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Article provided by Western Economic Association International in its journal Contemporary Economic Policy.

Volume (Year): 15 (1997)
Issue (Month): 3 (07)
Pages: 51-61
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Handle: RePEc:bla:coecpo:v:15:y:1997:i:3:p:51-61

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  1. Josh Lerner, 2000. "150 Years of Patent Protection," NBER Working Papers 7478, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Thitima Puttitanun, 2007. "Intellectual Property Rights as a Signal," Working Papers 0023, San Diego State University, Department of Economics. [Downloadable!]
  3. Ang, James, 2009. "Financial Reforms, Patent Protection and Knowledge Accumulation in India," MPRA Paper 17656, University Library of Munich, Germany. [Downloadable!]
  4. Russell Thomson, 2009. "Tax Policy and the Globalisation of R&D," Melbourne Institute Working Paper Series wp2009n11, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
  5. Bertrand, Olivier & Hakkala, Katariina & Norbäck, Pehr-Johan, 2007. "Cross-Border Acquisition or Greenfield Entry: Does it Matter for Affiliate R&D?," Working Paper Series 693, Research Institute of Industrial Economics. [Downloadable!]
  6. Alexander Popov & Peter Roosenboom, 2009. "On the Real Effects of Private Equity Investment - Evidence from New Business Creation," Working Paper Series 1078, European Central Bank. [Downloadable!]
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