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Innovation, Productivity and IPRs

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  • Sunil Kanwar

    (Department of Economics, Delhi School of Economics, Delhi, India)

Abstract

We study the innovation, efficiency and productivity response to intellectual property (IP) reform vis-à-vis manufacturing industry in India. Studying the response of IP-sensitive industries relative to a control group of IP-insensitive industries, and using the fact that the IP reform was largely exogenously driven,we correct for confounding factors and endogeneity bias. We find a significant outward shift in the innovation frontier and consequent increase in productivity post-reform.This aggregate effect is driven by improvements in the non-electrical machinery industries, and to a lesser extent the drugs and pharmaceuticals sector.The comprehensive reforms notified 2003 provided the stimulus, rather than the token 1999 reform.

Suggested Citation

  • Sunil Kanwar, 2013. "Innovation, Productivity and IPRs," Working papers 230, Centre for Development Economics, Delhi School of Economics.
    • Handle: RePEc:cde:cdewps:230
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    References listed on IDEAS

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    Cited by:

    1. Sunil Kanwar & Shailu Singh, 2016. "The Innovation-R&D Nexus- Evidence from the Indian Manufacturing Sector," Working papers 265, Centre for Development Economics, Delhi School of Economics.
    2. Rakesh Basant, 2018. "Exploring Linkages between Industrial Innovation and Public Policy: Challenges and Opportunities," Vikalpa: The Journal for Decision Makers, , vol. 43(2), pages 61-76, June.

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    More about this item

    Keywords

    Innovation; Efficiency; Productivity; IPRs;
    All these keywords.

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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