Intellectual Property Rights and Innovation in Developing Countries: Evidence from Panel Data
AbstractThe determinants of innovation and the role of intellectual property rights in different countries are not well understood. This paper estimates the determinants of innovation using a new panel dataset. It compares different panel estimation methods appropriate for finite size samples. Past R&D investments have a positive and significant impact on current innovation, while openness to trade has a negative and significant impact on innovation in developing countries and population size has a negative and significant impact on innovation in industrialized countries. Intellectual property protection is not significant for any of the groups. We discuss econometric issues and the policy implication of these results.
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Bibliographic InfoPaper provided by International Association of Agricultural Economists in its series 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia with number 25328.
Date of creation: 2006
Date of revision:
Innovation; intellectual property rights; developing countries; dynamic panel; general method of moments; Research and Development/Tech Change/Emerging Technologies; O30; O34; C23;
Other versions of this item:
- Leger, Andreanne, 2006. "Intellectual Property Rights and Innovation in Developing Countries: Evidence from Panel Data," 2006 Annual meeting, July 23-26, Long Beach, CA 21407, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Léger, Andréanne, 2006. "Intellectual Property Rights and Innovation in Developing Countries: Evidence from Panel Data," Proceedings of the German Development Economics Conference, Berlin 2006 17, Verein für Socialpolitik, Research Committee Development Economics.
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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