Intellectual Property Rights, FDI, R&D and Economic Growth: A Cross-country Empirical Analysis

World Economy ◽  
2015 ◽  
Vol 39 (7) ◽  
pp. 983-1004 ◽  
Author(s):  
Wen-Hsien Liu
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Property Rights ◽  
Empirical Analysis ◽  
Intellectual Property Rights ◽  
Cross Country

scholarly journals Effects of patents on the transition from stagnation to growth

2019 ◽  
Vol 33 (2) ◽  
pp. 395-411 ◽  
Author(s):  
Angus C. Chu ◽  
Zonglai Kou ◽  
Xilin Wang
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Property Rights ◽  
Population Size ◽  
Intellectual Property Rights ◽  
Growth Model ◽  
Patent Protection ◽  
Theoretic Analysis ◽  
Schumpeterian Growth ◽  
Long Run

Abstract This study provides a growth-theoretic analysis of the effects of intellectual property rights on the take-off of an economy from an era of stagnation to a state of sustained economic growth. We incorporate patent protection into a Schumpeterian growth model in which take-off occurs when the population size crosses an endogenous threshold. We find that strengthening patent protection has contrasting effects on economic growth at different stages of development. Specifically, it leads to an earlier take-off but also reduces economic growth in the long run.

Do intellectual property rights involve a private power to tax

2019 ◽  
Vol 34 (2) ◽  
pp. 209-224
Author(s):  
Carla Marchese
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Intellectual Property Right ◽  
Mainstream Economic ◽  
Novel Approach ◽  
Monopoly Profit ◽  
Private Power ◽  
Bundle Of Rights

This article criticises the standard approach to intellectual property rights, interpreted as property rights conferring a monopolistic position, by showing that a public good is not a suitable basis for a private monopoly and that the bundle of rights included in an intellectual property right is so different from those enjoyed under a standard monopoly as to suggest that a different mechanism is at work, that is, a private power to tax has been granted. To highlight how this novel approach works, mainstream economic models of economic growth based on research and development, whether protected or not by intellectual property rights, are revisited. The theory of taxation is then recalled to show that taxes involved by intellectual property rights can range from an amount equal to the monopoly profit to Lindahl taxes. Finally, the principles of taxation elaborated by economic theory are examined for clues to improving the design of intellectual property rights.

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).

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