How does intellectual property right influence economic growth? Different tales of 30 developed countries and 9 developing countries

Xingle Long

International Journal of Innovation and Sustainable Development, 2013, vol. 7, issue 1, 77-90

Abstract: This paper analyses how IPRs influence economic growth by use of 39 countries' panel data from 1981 to 2007. The econometric methods include pooled Ordinary Least Squares (OLS) analysis, rolling-windows and recursive analysis and Arellano-Bond dynamic panel data regression. The study findings are as follows: R%D plays a positive impact upon economic development, especially after 1986. Furthermore IPRs play significant role for economic growth. Without proper IPRs, the function of R%D cannot be played efficiently. IPRs tend to play more significant role upon economic growth in 9 Newly-rising Industrial Countries than that in 30 OECD developed countries. IPRs of 9 developing countries are converging with that of 30 OECD developed countries.

Keywords: R%D; research and development; innovation; intellectual property rights; developed countries; developing countries; IPR; economic growth; econometrics; economic development. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=52123 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisde:v:7:y:2013:i:1:p:77-90

Access Statistics for this article

More articles in International Journal of Innovation and Sustainable Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().