Very little empirical evidence exists on the relationship between intellectual property rights and innovation. Existing studies tend to be indirect and do not consider the influence of IPRs on innovation per se; nor do they adequately allow for the endogeneity of IPRs. Correcting for these omissions, we show that the strength of intellectual property protection has a strong positive influence on innovation.
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Paper provided by Centre for Development Economics, Delhi School of Economics in its series Working papers with number
142.
Find related papers by JEL classification: O - Economic Development, Technological Change, and Growth O - Economic Development, Technological Change, and Growth
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Taylor, M Scott, 1994.
"TRIPs, Trade, and Growth,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 361-81, May.
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