Innovation, Efficiency, Productivity and Intellectual Property Rights: Evidence from a BRIC Economy
Sunil Kanwar
Working Papers from eSocialSciences
Abstract:
The innovation, efficiency and productivity responses to the stronger protection of intellectual property rights post-TRIPs, with reference to manufacturing industry in India is studied. The fact that the post-TRIPs strengthening of IPRs in India were largely exogenous enables us to correct for endogeneity bias in estimation. Using 1995-2011 data, a significant increase is found in the annual rates of technical change, efficiency change, and productivity growth – about 3, 8 and 0.8 percentage points, respectively – post-reform. [CDE Working Paper No. 230]. URL:[http://www.cdedse.org/pdf/work230.pdf].
Keywords: Innovation; Efficiency; Productivity; IPRs; capacity utilization; TRIPs; „science-based? industries; BRIC economy; Intellectual Property Rights; recession; Brazil; India; South Africa (search for similar items in EconPapers)
Date: 2013-07
Note: Institutional Papers
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Citations: View citations in EconPapers (4)
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