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Does Weak Intellectual Property Rights Protection Deter Investment in RD?

  • Neil Campbell
  • Kainan Huang
  • Shravan Luckraz
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    This article gives an example of an industry where process R&D is not deterred by a lack of Intellectual Property Rights (IPR). We observe that the imitation driven by this lack of IPR acts as a source of competitive pressure on the technological leader who responds by increasing its process R&D. We also find that when IPR are introduced in that industry, firms switch from process to product innovation.

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    File URL: http://www.world-economics-journal.com/Contents/ArticleOverview.aspx?ID=528
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    Article provided by World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE in its journal World Economics Journal.

    Volume (Year): 13 (2012)
    Issue (Month): 3 (July)
    Pages: 79-84

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    Handle: RePEc:wej:wldecn:528
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