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Intellectual Property Rights and Innovation in Developing Countries: Evidence from Panel Data
| Content Provider | Semantic Scholar |
|---|---|
| Author | Léger, Andréanne |
| Copyright Year | 2006 |
| Abstract | The determinants of innovation and the role of intellectual property rights in different countries are not well understood. This paper estimates the determinants of innovation using a new panel dataset. It compares different panel estimation methods appropriate for finite size samples. Past R&D investments have a positive and significant impact on current innovation, demand-pull factors are also important in all country groups, and the structure of the economy has a negative (positive) impact in developing (industrialized) countries. Intellectual property protection is only significant for developing countries. The least-square dummy variable corrected estimator is found to be the most appropriate for small, unbalanced datasets. We discuss econometric issues and the policy implication of these results.(This abstract was borrowed from another version of this item.) |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://ageconsearch.umn.edu/bitstream/25328/1/cp060580.pdf |
| Alternate Webpage(s) | http://ageconsearch.umn.edu/bitstream/21407/1/sp06le01.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |