Aspirations and intellectual property in the worldwide entrepreneurship ecosystem

Diego Araujo Reis, Fábio Rodrigues de Moura and Iracema Machado de Aragão

International Journal of Business Innovation and Research, 2023, vol. 30, issue 1, 102-128

Abstract: Entrepreneurship and intellectual property ecosystems are a systematic and multifaceted phenomenon. The analysis of these ecosystems is essential to gain an understanding of how they might be related, especially at the country level. Our investigation has identified a lack of studies that empirically assess the possible relationship between these two ecosystems. We aim to evaluate the linkage between entrepreneurship and the intellectual property ecosystems. The aspirations sub-index of the Global Entrepreneurship Index and the US Chamber International IP Index are used as a proxy for the entrepreneurial and intellectual property ecosystem, respectively. We estimate a panel data model and use a quantile regression model with fixed effects to test the hypothesis that the intellectual property ecosystem affects aspirations in the global entrepreneurship ecosystem. This study analyses these ecosystems from a different perspective, and the results are potentially important for policymakers who seek to improve entrepreneurship and intellectual property.

Keywords: Global Entrepreneurship Index; US Chamber International IP Index; intellectual property ecosystem; panel data; quantile regression; entrepreneurship ecosystem; aspirations; innovation; start-up. (search for similar items in EconPapers)
Date: 2023
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