Intellectual property rights protection and trade: An empirical analysis
•Using panel data covering 112 countries and 45 years, we study developing countries’ incentive to enforce IPR.•We show that IPR enforcement is U-shaped in a country’s market size and inverse-U-shaped in the aggregated market size of its trade partners.•The effect is entirely driven by the trade par...
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Veröffentlicht in: | World development 2023-02, Vol.162, p.106072, Article 106072 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | •Using panel data covering 112 countries and 45 years, we study developing countries’ incentive to enforce IPR.•We show that IPR enforcement is U-shaped in a country’s market size and inverse-U-shaped in the aggregated market size of its trade partners.•The effect is entirely driven by the trade partners that strongly enforce IPR.•We next study the impact of strengthening IPR protection on innovation in developing countries.•We find that a stronger protection of IPR negatively impacts patents and export discoveries in developing countries
The paper proposes an empirical analysis of the determinants of the adoption of Intellectual Property Rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First we show that IPR protection is U-shaped with respect to a country’s market size and inverse-U-shaped with respect to the aggregated market size of its trade partners. Second, reinforcing IPR protection reduces on-the-frontier and inside-the-frontier innovation in developing countries, without necessarily increasing innovation at the global level. |
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ISSN: | 0305-750X 1873-5991 |
DOI: | 10.1016/j.worlddev.2022.106072 |