Innovation, Intellectual Property Rights, and Economic Development: A Unified Empirical Investigation

2013 ◽  
Vol 46 ◽  
pp. 66-78 ◽  
Author(s):  
John Hudson ◽  
Alexandru Minea
Keyword(s):  
Economic Development ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Empirical Investigation

Foreign Direct Investment and Trade Related Intellectual Property Rights (TRIPS): The Case of Latin American & Caribbean Developing Economies

2018 ◽  
pp. 1-17
Author(s):  
Mumtaz Hussain Shah
Keyword(s):  
Economic Development ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Latin American ◽  
Developing Economies ◽  
Intellectual Property Right ◽  
Market Size ◽  
Annual Data ◽  
Macroeconomic Stability

The growing share of knowledge-intensive products in international trade and the increasing sensitivity of multinational firms to intellectual property theft make it imperative to analyse the effect of IPR promulgation on their FDI decision. In this perspective the current article gauge the importance of Trade Related Intellectual Property Rights (TRIPS) agreement under World Trade Organisation (WTO) in increasing a Latin American & Caribbean (LAC) developing economy’s appeal for investors from abroad. Infrastructure and skilled labour availability, market size, macroeconomic stability, economic development, and trade liberalization are also considered. Time-invariant phenomena such as access to the sea, regional affiliations/proximities, income groupings and ability to speak one of the international languages, though desirable were not done because fixed effect panel estimation technique does not permit the use of dummy variables. Due to the 2008-2009 recession in the developed economies, the available investment funds withered, making the investors’ sceptic apropos the safety of their tangible and intangible property, especially in the developing world, causing a decrease in FDI to these nations in general. However, LAC countries were somewhat resilient and received a steadily increasing flow of foreign investment. Thus, it demands to analyse the factors that overcame the overseas investors’ scepticism and prompted them to invest in the LAC region. By utilizing annual data for 28 years that is 1989-2016 from 24 LAC developing nations it is found that infrastructure and human capital availability, macroeconomic stability, economic development, strengthening and worldwide harmonization of intellectual property right standards through TRIPS positively effects the overseas investor's investment decision. The host population used to measure market size is found to be insignificant when tested with other conventional FDI location pull factors. Similarly, liberalization, consistent with horizontal FDI theory, exerts a significant negative effect on inward FDI.

Protection and Promotion of Intellectual Property Rights (IPR) for Economic Competitiveness and Growth

2022 ◽  
pp. 147-156
Author(s):  
Puneet Kumar ◽  
Abdul Sattar A. Al-Ausi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Small Businesses ◽  
Technology Intelligence ◽  
Economic Competitiveness ◽  
The World

The intellectual property they possess of an innovative technological invention that they have created is the only thing that matters to certain small businesses. IPR has genuinely grown as an “intellectual currency,” aiding in the advancement of global economic development, corporate prosperity, and creativity. In many fields of technology, intelligence, and culture, governments around the world are searching for ways to develop their economies, assist their people, and create national capabilities. This chapter discusses and describes the importance of intellectual property (IP) rights in achieving these vital objectives. This chapter will also offer an empirical summary of how a successful intellectual property rights regime can support or impede economic growth (IPRS).

scholarly journals Problematika Perlindungan Hukum terhadap Produk Indikasi Geografis

2019 ◽  
Vol 19 (3) ◽  
pp. 639
Author(s):  
Syarifa Mahila
Keyword(s):  
Economic Development ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Local Economic Development ◽  
Geographical Indications ◽  
Product Marketing ◽  
One Act

Geographical Indications are legal protections that are regulated in TRIPs on goods or products based on the reputation, quality and characteristics of each region. IG is a separate Intellectual Property Rights which is different from other Intellectual Property Rights because IG can only be registered as a joint / communal right. Geographical Indications are regulated in one Act with a mark, namely Law Number 20 Year 2016 concerning Trademarks and Geographical Indications. IG is a communal right so that in the implementation of its protection it can cause various problems, both in terms of product marketing by external parties and by the IG owner community it self. In terms of supervision it can also cause problems because of the connection with the difficulty of conducting supervision because it involves many individuals with different interests and characters. IG arrangements must be sufficient to support local economic development efforts and even be able to compete globally.

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