Intellectual Property Rights and Innovation: New Evidence from Developed and Developing Countries

摘要：

This paper follows the controversy regarding the effects of stronger intellectual property rights (IPR) on technological innovation under the North-South analytical framework. Using panel data from 27 developed countries and 57 developing countries, this study systemically examines the relationship between IPR and technological innovation after controlling for a potential endogenous problem. Our empirical results support the optimal IPR hypothesis. We find that the threshold effects of stronger IPR on innovation depended on the initial IPR level. Neither very strong IPR nor very weak IPR are conducive to innovation. Furthermore, the optimal level of IPR in developed countries is higher than that of developing countries; this difference implies that adoption of IPR standard of developed countries may be inefficient for developing countries.

作者: Hua WANG Mingyong LAI Maxim SPIVAKOVSKY

作者单位: College of Economics and Trade,Hunan University,China,410079 School of Economics,Georgia Institute of Technology,USA,30308

会议类型: 国际会议

会议名称: The Fourth International Institute of Statistics & Management Engineering Symposium(第四届(2011)国际统计与管理工程研讨会 IISMES 2011)

会议地点: 大连

会议语种:英文

页码: 528-537

在线出版日期: 2011-07-24（万方平台首次上网日期，不代表论文的发表时间）