Does Intellectual Property Protection Spur Technological Change

Sunil Kanwar and Robert Evenson ()
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Robert Evenson: Economic Growth Center, Yale University

Working Papers from Economic Growth Center, Yale University

Abstract: Of the diverse factors motivating technological change, one factor that has received increasing attention in the recent past has been the protection of intellectual property rights. Given fairly recent changes in the international policy ethos where a regime of stronger intellectual property protection has become a fait accompli for most developing countries, it is of some significance to ask whether more stringent protection of intellectual property does indeed encourage innovation. And this is the question which this paper examines, utilising cross-country panel data on R&D investment, patent protection and other country-specific characteristics spanning the period 1981-1990. The evidence unambiguously indicates the significance of intellectual property rights as incentives for spurring innovation.

Keywords: Intellectual Property Rights; Technological Change; Economic Growth (search for similar items in EconPapers)
JEL-codes: O31 O34 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2001-06
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Citations: View citations in EconPapers (15)

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Related works:
Working Paper: Does Intellectual Property Protection Spur Technological Change? (2004)
Journal Article: Does intellectual property protection spur technological change? (2003)
Working Paper: Does Intellectual Property Protection Spur Technological Change? (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:egc:wpaper:831

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