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The Economics of IP in the context of a Middle Income Country

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  • Jose Miguel Benavente
  • Daniel Goya

Abstract

This essay looks at innovation and intellectual property rights from the perspective of a small middle-income country. Characterized by an open economy, and based on natural resources, Chile has an incipient level of technological capabilities aiming at reaching sustainable growth and development by adding value to natural resources through innovation. In contrast to other economies that deeply rely on natural resources, Chile as other middle income countries have, has achieved a moderate level of advanced human capital formation and infrastructure stock, but surprisingly has some world class exporting industries such as copper, wine and salmon.

Suggested Citation

  • Jose Miguel Benavente & Daniel Goya, 2012. "The Economics of IP in the context of a Middle Income Country," Working Papers wp350, University of Chile, Department of Economics.
    • Handle: RePEc:udc:wpaper:wp350
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    File URL: http://www.econ.uchile.cl/uploads/publicacion/f95bf617bdbbd86786e5b25470cac921acf310f1.pdf
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    References listed on IDEAS

    as
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    7. José Miguel Benavente & Gustavo Crespi & Alessandro Maffioli, 2007. "The Impact of National Research Funds: An Evaluation of the Chilean FONDECYT," IDB Publications (Working Papers) 25878, Inter-American Development Bank.
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    Cited by:

    1. Amir Lebdioui & Keun Lee & Carlo Pietrobelli, 2021. "Local-foreign technology interface, resource-based development, and industrial policy: how Chile and Malaysia are escaping the middle-income trap," The Journal of Technology Transfer, Springer, vol. 46(3), pages 660-685, June.
    2. Goya, Daniel, 2014. "Política industrial: Qué es, por qué es necesaria, y su pasado, presente y futuro en Chile [Industrial policy: What is it, why it is necessary, and its past, present and future in Chile]," MPRA Paper 64881, University Library of Munich, Germany.

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