Intellectual Property Rights And Economic Growth
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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Volume (Year): 15 (1997)
Issue (Month): 3 (07)
Pages: 51-61
| Handle: | RePEc:bla:coecpo:v:15:y:1997:i:3:p:51-61 |
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