International Trade, Economic Growth And Intellectual Property Rights

Topics:
Foreign Direct Investment,
Intellectual Property
Tags:
Business Operations,
Research & Development,
Mount Holyoke College,
Management,
Leadership,
Investment,
Intellectual Property Right,
Intellectual Property,
Innovation,
Gross Domestic Product,
...
Source:
Mount Holyoke College

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Overview: This paper examines the role of high-technology trade, IPRs (Intellectual Property Rights) and FDI (Foreign Direct Investment) in determining a country's rate of innovation and economic growth. The empirical analysis is conducted using a unique panel data set of 47 developed and developing countries from 1970 to 1990. The results suggest that: High-technology imports are relevant in explaining domestic innovation both in developed and developing countries; foreign technology has a stronger impact on per capita GDP (Gross Domestic Product) growth than domestic technology; IPRs affect the innovation rate, but this impact is more significant for developed countries; the results regarding FDI are inconclusive.

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Format: PDF | Size: 206KB | Date: Jul 2004 | Pages: 41

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