Innovation, Productivity and IPRs

Sunil Kanwar

No 230, Working papers from Centre for Development Economics, Delhi School of Economics

Abstract: We study the innovation, efficiency and productivity response to intellectual property (IP) reform vis-à-vis manufacturing industry in India. Studying the response of IP-sensitive industries relative to a control group of IP-insensitive industries, and using the fact that the IP reform was largely exogenously driven,we correct for confounding factors and endogeneity bias. We find a significant outward shift in the innovation frontier and consequent increase in productivity post-reform.This aggregate effect is driven by improvements in the non-electrical machinery industries, and to a lesser extent the drugs and pharmaceuticals sector.The comprehensive reforms notified 2003 provided the stimulus, rather than the token 1999 reform.

Keywords: Innovation; Efficiency; Productivity; IPRs (search for similar items in EconPapers)
JEL-codes: O11 O31 O33 O34 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2013-04
New Economics Papers: this item is included in nep-eff, nep-ino, nep-ipr, nep-pr~ and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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