Trademarks and their association with Kirznerian entrepreneurs
Emilio Congregado (),
Ana Millán and
Jose Maria Millan ()
Industry and Innovation, 2020, vol. 27, issue 1-2, 155-183
Although trademarks are the most widely used form of Intellectual Property Rights (IPRs) by firms across all economic sectors worldwide, this indicator is a much less exploited information resource in empirical analysis compared with patents. Our work addresses this gap by investigating the relationship between trademark registration and entrepreneurial activity using data for 33 European countries. Our empirical results show a positive and significant relationship between the share of the self-employed workforce in a given country that can be considered ‘entrepreneurial’ – which we associate with the share of Kirznerian entrepreneurs – and trademark registration at the country level. These results have important implications for scholars, practitioners and policymakers, which are discussed in this work.
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Persistent link: https://EconPapers.repec.org/RePEc:taf:indinn:v:27:y:2020:i:1-2:p:155-183
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