INTELLECTUAL PROPERTY PROTECTION, ENTREPRENEURSHIP, AND ECONOMIC GROWTH

Francis W. Rushing and Mark A. Thompson
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Francis W. Rushing: College of Business Administration, Georgia State University, USA
Mark A. Thompson: College of Business, Marshall University, USA

Journal of Enterprising Culture (JEC), 1996, vol. 04, issue 03, 267-285

Abstract: This paper brings together the importance of intellectual property protection (IPP) and entrepreneurship in economic growth. The paper surveys the economic literature on what factors are important to growth. The focus is on recent models of endogenous growth which reflect on the role of investment, technological change and education. Secondly, publications, which measure the impact of IPP on some of the growth elements identified are reviewed. The third section deals with IPP and the entrepreneur as an important agent and facilitator of growth. It discusses the nature of IPP as an incentive in not only stimulating the development of new technologies and processes but also the dissemination of existing technologies. Using the surveys as background, short case studies for India and Brazil are presented on IPP as a stimulus and application of research and development. The last section summarizes the previous sections and draws some conclusions with respect to policy.

Date: 1996
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DOI: 10.1142/S0218495896000150

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