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Intellectual property rights and innovation in developing countries : evidence from India
| Content Provider | Semantic Scholar |
|---|---|
| Author | Dutta, Antara Sharma, Siddharth |
| Copyright Year | 2008 |
| Abstract | In 1994, India signed the Trade Related Intellectual Property (TRIPs) agreement, which obligated the country to dramatically strengthen its protection and enforcement of intellectual property rights (IPR). This paper uses panel data on Indian firms from 1989 to 2005 to ascertain whether the IPR reforms were successful in increasing innovation by firms in India. The authors characterize industries according to their technological dependence on innovation, and find strong evidence that Indian firms in more innovation-intensive industries increased their research and development (R&D) expenditure after TRIPs. The estimated within-firm increase in annual R&D spending after TRIPs is on average 20 percentage points higher in an industry with a one standard deviation higher value of innovation intensity. This differential growth estimate is robust to accounting for contemporaneous trade and industrial policies, and growth in R&D spending by foreign-owned firms. The authors also find that patenting by India in the U.S. increased after TRIPs, and to a greater extent in more innovation intensive industries. |
| Starting Page | 1 |
| Ending Page | 51 |
| Page Count | 51 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.enterprisesurveys.org/~/media/FPDKM/EnterpriseSurveys/Documents/Research%20Papers/Intellectual_Property_Rights_India.pdf |
| Alternate Webpage(s) | http://documents.worldbank.org/curated/en/112091468267358188/pdf/475240WP0Intel1Box0334139B01PUBLIC1.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |