The moderating role of IPR on the relationship between country-level R&D and individual-level entrepreneurial performance

André Stel, Serhiy Lyalkov, Ana Millán and Jose Maria Millan
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André Stel: Trinity College Dublin
Serhiy Lyalkov: International University of Andalusia
Ana Millán: Pablo de Olavide University

The Journal of Technology Transfer, 2019, vol. 44, issue 5, No 5, 1427-1450

Abstract: Abstract Using recent data drawn from the European Working Conditions Survey for 32 European countries, we explore the relationship between country-level expenditures on R&D, Intellectual Property Rights (IPR), and individual-level entrepreneurial performance as measured by earnings. Our results show that both R&D expenditures and IPR are positively associated with earnings (and hence the quality) of individual entrepreneurs. However, we also find an intriguing moderation effect in the sense that IPR reduces the positive relationship between country R&D and entrepreneurial earnings. This suggests that too strict IPR legislation may hamper the diffusion of knowledge created by R&D. Hence, governments need to carefully consider the level of IPR they want to install, especially in countries with high R&D expenditures.

Keywords: Expenditure on R&D; Intellectual property rights; Entrepreneurship; Self-employment; Earnings; European Working Conditions Survey (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (7)

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DOI: 10.1007/s10961-019-09731-2

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