Knowledge spillovers and intellectual property rights

Roberto Samaniego ()

International Journal of Industrial Organization, 2013, vol. 31, issue 1, 50-63

Abstract: Knowledge spillovers are widely thought to be important for innovative activity, yet theory is ambiguous about the sign of the relationship. Assuming that knowledge spillovers are more easily exploited where intellectual property rights are weakly enforced, this paper uses country–industry data to uncover the link between knowledge spillovers and innovative activity, as well as the birth and death of enterprises. IPR enforcement disproportionately increases innovation spending in R&D intensive industries, as well as both rates of entry and exit. The results are robust to accounting for financial development, labor market ridigities and a number of other institutional factors.

Keywords: Knowledge spillovers; R&D intensity; Entrepreneurship; Intellectual property rights; Copyright; Legal formalism (search for similar items in EconPapers)
JEL-codes: L26 O14 O16 O31 O33 O34 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:indorg:v:31:y:2013:i:1:p:50-63

DOI: 10.1016/j.ijindorg.2012.11.001

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