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Innovation Intellectual Property And Economic Growth Pdf

innovation intellectual property and economic growth pdf

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Innovation, Intellectual Property, and Economic Growth

Chu, Angus C. Forthcoming in: Academia Economic Papers. This paper provides a survey on studies that analyze the macroeconomic effects of intellectual property rights IPR.

This part also discusses the distortionary effects and distributional consequences of IPR protection as well as empirical evidence on the effects of patent rights. Then, the second part considers the international aspects of IPR protection. In summary, this survey draws the following conclusions from the literature. Secondly, there is empirical evidence supporting a positive relationship between IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries.

Thirdly, the optimal level of IPR protection should tradeoff the social benefits of enhanced innovation against the social costs of multiple distortions and income inequality. Finally, in an open economy, achieving the globally optimal level of protection requires an international coordination rather than the harmonization of IPR protection.

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Innovation, Intellectual Property, and Economic Growth

Chu, Angus C. Forthcoming in: Academia Economic Papers. This paper provides a survey on studies that analyze the macroeconomic effects of intellectual property rights IPR. This part also discusses the distortionary effects and distributional consequences of IPR protection as well as empirical evidence on the effects of patent rights. Then, the second part considers the international aspects of IPR protection. In summary, this survey draws the following conclusions from the literature.

innovation intellectual property and economic growth pdf

Innovation, Intellectual Property, and Economic Growth

Innovation, Intellectual Property, and Economic Growth

Innovation, Intellectual Property, and Economic Growth

Christine Greenhalgh. Many of our ebooks are available for purchase from these online vendors:. Many of our ebooks are available through library electronic resources including these platforms:. What drives innovation? How does it contribute to the growth of firms, industries, and economies? And do intellectual property rights help or hurt innovation and growth?

How does it contribute to the growth of firms, industries, and economies? And do intellectual property rights help or hurt innovation and growth? Uniquely combining microeconomics, macroeconomics, and theory with empirical analysis drawn from the United States and Europe, this book introduces graduate students and advanced undergraduates to the complex process of innovation. By addressing all the major dimensions of innovation in a single text, Christine Greenhalgh and Mark Rogers are able to show how outcomes at the microlevel feed through to the macro-outcomes that in turn determine personal incomes and job opportunities. In four sections, this textbook comprehensively addresses the nature of innovation and intellectual property, the microeconomics and macroeconomics of innovation, and economic policy at the firm and macroeconomic levels. Among the topics fully explored are the role of intellectual property in creating incentives to innovate; the social returns of innovation; the creation and destruction of jobs by innovation; whether more or fewer intellectual property rights would give firms better incentives to innovate; and the contentious issues surrounding international treaties on intellectual property. Clearly organized and highly readable, the book is designed to be accessible to readers without advanced economics backgrounds.


The main forms of IPR established and protected by law are patents, trademarks, designs, and copyright. While these forms Read Online · Download PDF. Save.


What drives innovation? How does it contribute to the growth of firms, industries, and economies? And do intellectual property rights help or hurt innovation and growth?

What drives innovation? How does it contribute to the growth of firms, industries, and economies? And do intellectual property rights help or hurt innovation and growth? Uniquely combining microeconomics, macroeconomics, and theory with empirical analysis drawn from the United States and Europe, this book introduces graduate students and advanced undergraduates to the complex process of innovation. By addressing all the major dimensions of innovation in a single text, Christine Greenhalgh and Mark Rogers are able to show how outcomes at the microlevel feed through to the macro-outcomes that in turn determine personal incomes and job opportunities.

Dynamics of Globalization and Development pp Cite as. By influencing the incentives to innovate, intellectual property rights protection may affect economic growth in important ways. An important question for many countries is whether stricter enforcement of intellectual property laws is a good strategy for economic growth.

Macroeconomic Effects of Intellectual Property Rights: A Survey

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