Patent, Utility Model, and Economic Growth

Gokay Canberk Bulus () and Ibrahim Bakirtas ()
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Gokay Canberk Bulus: Aksaray University
Ibrahim Bakirtas: Aksaray University

A chapter in Innovation, Catch-up and Sustainable Development, 2021, pp 309-335 from Springer

Abstract: Abstract The main purpose of this study is to examine the impact of patent rights and utility model on both economic growth and firm performance. The research hypothesis is tested using the Generalized Method of Moments (GMM) technique. Empirical findings imply that the impact of intellectual property rights protection on economic growth depends upon the level of development. While patent protection positively effect on economic growth for developed countries, utility model protection positively effect on economic growth for developing countries. Using Turkish firm-level data as a case study, analysis results show that patent protection and utility model do not contribute to firm performance in Turkey.

Keywords: Patent; Utility model; Intellectual property rights; Economic growth (search for similar items in EconPapers)
JEL-codes: O31 O34 O47 O57 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eccchp:978-3-030-84931-3_13

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DOI: 10.1007/978-3-030-84931-3_13

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