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Does Intellectual Property Protection Spur Technological Change

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  • Sunil Kanwar
  • Robert Evenson

    ()
    (Economic Growth Center, Yale University)

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    Abstract

    Of the diverse factors motivating technological change, one factor that has received increasing attention in the recent past has been the protection of intellectual property rights. Given fairly recent changes in the international policy ethos where a regime of stronger intellectual property protection has become a fait accompli for most developing countries, it is of some significance to ask whether more stringent protection of intellectual property does indeed encourage innovation. And this is the question which this paper examines, utilising cross-country panel data on R&D investment, patent protection and other country-specific characteristics spanning the period 1981-1990. The evidence unambiguously indicates the significance of intellectual property rights as incentives for spurring innovation.

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    Bibliographic Info

    Paper provided by Economic Growth Center, Yale University in its series Working Papers with number 831.

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    Length: 35 pages
    Date of creation: Jun 2001
    Date of revision:
    Handle: RePEc:egc:wpaper:831

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    Keywords: Intellectual Property Rights; Technological Change; Economic Growth;

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    Cited by:
    1. Hu, Mei-Chih & Mathews, John A., 2005. "National innovative capacity in East Asia," Research Policy, Elsevier, vol. 34(9), pages 1322-1349, November.
    2. Di Vita, Giuseppe, 2013. "The TRIPs agreement and technological innovation," Journal of Policy Modeling, Elsevier, vol. 35(6), pages 964-977.
    3. Lee Branstetter & Raymond Fisman & C. Fritz Foley, 2005. "Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Data," NBER Working Papers 11516, National Bureau of Economic Research, Inc.
    4. Gehl Sampath, Padmashree, 2005. "Breaking the Fence: Can Patent Rights Deter Biomedical Innovation in “Technology Followers”?," UNU-INTECH Discussion Paper Series 10, United Nations University - INTECH.
    5. Krammer, Marius /S.S., 2008. "Drivers of national innovative systems in transition: an Eastern European cross-country analysis," MPRA Paper 7739, University Library of Munich, Germany.
    6. Siddiqui, Danish Ahmed & Ahmed, Qazi Masood, 2009. "Institutionalized Social Technologies Index: A Global Perspective," MPRA Paper 19746, University Library of Munich, Germany.
    7. Gehl Sampath, Padmashree, 2003. "Designing National Regimes that Promote Public Health Objectives," UNU-INTECH Discussion Paper Series 8, United Nations University - INTECH.
    8. Krammer, Sorin M.S., 2009. "Drivers of national innovation in transition: Evidence from a panel of Eastern European countries," Research Policy, Elsevier, vol. 38(5), pages 845-860, June.

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