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Employment growth heterogeneity under varying intellectual property rights regimes in European transition economies: Young vs. mature innovators

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  • Balsmeier, Benjamin
  • Delanote, Julie

Abstract

Young innovative companies are supposed to be key drivers of sustainable economic growth. This study examines the employment growth of young, small innovative firms (denoted as innovative youngsters) and contrasts it with the employment growth of established ‘mature innovators’ in 23 European transition economies, where varying degrees of intellectual property protection apply. The growth figures of the two firm groups vary significantly across different intellectual property rights (IPR) regimes. Innovative youngsters seem to benefit from strong intellectual property protection, while mature innovators exhibit the highest employment growth rates when IPRs are rather weak. These findings point to important undiscovered differences in employment growth patterns, which might explain some of the ambiguous results of former research on IPRs, and provide a reason why certain countries might benefit from strong IPRs while others might not.

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  • Balsmeier, Benjamin & Delanote, Julie, 2015. "Employment growth heterogeneity under varying intellectual property rights regimes in European transition economies: Young vs. mature innovators," Journal of Comparative Economics, Elsevier, vol. 43(4), pages 1069-1084.
    • Handle: RePEc:eee:jcecon:v:43:y:2015:i:4:p:1069-1084
    DOI: 10.1016/j.jce.2014.10.002
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    2. Lawrence J. White, 2020. "A “Primarily Property” Presumption Is—Still—Really Needed for the IP/Antitrust Interface," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 715-737, June.
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    4. Lee, Weng Chang & Law, Siong Hook, 2016. "The Roles of Formal and Informal Institutions on Innovations Activity," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 50(2), pages 167-179.

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    More about this item

    Keywords

    Employment growth; Intellectual property rights; Innovative youngsters; Transition economies;
    All these keywords.

    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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