Patents, Innovation, and Development

Bronwyn Hall

No 27203, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: I survey some recent research on the role of patents in encouraging innovation and growth in developing economies, beginning with a brief history of international patent systems and facts about the current use of patents around the world. I discuss research on the implications of patents for international technology transfer and domestic innovation. This is followed by a review of recent work by myself and co-authors on regional patent systems, the impact of patents on firm performance, and the impact on pharmaceutical patenting and domestic innovation. The conclusion suggests that patents may be relatively unimportant in development, even for middle income countries.

JEL-codes: L65 O25 O30 O34 (search for similar items in EconPapers)
Date: 2020-05
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-knm and nep-sbm
Note: DEV PR
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Citations: View citations in EconPapers (6)

Published as Bronwyn H. Hall, 2024. "Patents, innovation, and development," International Review of Applied Economics, vol 38(1-2), pages 17-42.

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