Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures
Numerous studies predict that developing countries with low human capital may not benefit from the strengthening of intellectual property rights. The authors extend an influential theoretical framework to highlight the role of intellectual property...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100222151652 http://hdl.handle.net/10986/3703 |
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okr-10986-37032021-04-23T14:02:12Z Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures Bravo-Ortega, Claudio Lederman, Daniel BANK POLICY BERTRAND COMPETITION BUDGET CONSTRAINTS CAPITAL MOBILITY CLOSED ECONOMY COMPLEXITY CONSTANT RETURNS TO SCALE COURNOT COMPETITION DERIVATIVE DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOUNT RATE DISCUSSION DISCUSSIONS DUOPOLY ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITY EMPLOYMENT ENFORCEMENT MECHANISMS ENFORCEMENT PROCESS EQUILIBRIUM EQUILIBRIUM WAGES EXISTING KNOWLEDGE EXPECTED PRESENT VALUE EXPECTED VALUE EXPENDITURES EXPLORATION FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT FUNCTIONAL FORMS GDP GEOGRAPHIC REGIONS GLOBAL ECONOMY GOVERNMENT EXPENDITURE HUMAN CAPITAL IDEA IDEAS INDUSTRIAL DEVELOPMENT INNOVATION INNOVATIONS INTEGRATION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVENTION INVENTIONS INVESTMENT DECISIONS IP LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LOW INTEREST RATE MARGINAL PRODUCT MARKET EQUILIBRIUM MARKET SIZE NATIONAL INCOME OPEN ECONOMY PATENTS POLITICAL ECONOMY PROCESS OF INNOVATION PRODUCTIVITY PROPERTY RIGHTS PROTECTION OF INTELLECTUAL PROPERTY R&D RENTS RESULT RESULTS RETURNS STATISTICAL DATA STRUCTURAL CHANGE TRUST FUND WAGES WEB WEB SITE Numerous studies predict that developing countries with low human capital may not benefit from the strengthening of intellectual property rights. The authors extend an influential theoretical framework to highlight the role of intellectual property rights in the process of innovation and structural change. The resulting theory is consistent with a stylized fact that appears in the data, namely that countries with poor intellectual-property protection may accumulate human capital without a corresponding increase in research and development investment as a share of national income. The model predicts that without minimum intellectual-property protection, additional education may result in more imitation rather than innovation. The preponderance of the econometric evidence presented in this paper suggests that interactions between human capital and intellectual property rights determine global patterns of research and development effort, and intellectual property rights tend to raise the effect of education on the incidence of research and development. 2012-03-19T18:38:12Z 2012-03-19T18:38:12Z 2010-02-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100222151652 http://hdl.handle.net/10986/3703 English Policy Research working paper ; no. WPS 5217 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
BANK POLICY BERTRAND COMPETITION BUDGET CONSTRAINTS CAPITAL MOBILITY CLOSED ECONOMY COMPLEXITY CONSTANT RETURNS TO SCALE COURNOT COMPETITION DERIVATIVE DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOUNT RATE DISCUSSION DISCUSSIONS DUOPOLY ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITY EMPLOYMENT ENFORCEMENT MECHANISMS ENFORCEMENT PROCESS EQUILIBRIUM EQUILIBRIUM WAGES EXISTING KNOWLEDGE EXPECTED PRESENT VALUE EXPECTED VALUE EXPENDITURES EXPLORATION FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT FUNCTIONAL FORMS GDP GEOGRAPHIC REGIONS GLOBAL ECONOMY GOVERNMENT EXPENDITURE HUMAN CAPITAL IDEA IDEAS INDUSTRIAL DEVELOPMENT INNOVATION INNOVATIONS INTEGRATION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVENTION INVENTIONS INVESTMENT DECISIONS IP LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LOW INTEREST RATE MARGINAL PRODUCT MARKET EQUILIBRIUM MARKET SIZE NATIONAL INCOME OPEN ECONOMY PATENTS POLITICAL ECONOMY PROCESS OF INNOVATION PRODUCTIVITY PROPERTY RIGHTS PROTECTION OF INTELLECTUAL PROPERTY R&D RENTS RESULT RESULTS RETURNS STATISTICAL DATA STRUCTURAL CHANGE TRUST FUND WAGES WEB WEB SITE |
| spellingShingle |
BANK POLICY BERTRAND COMPETITION BUDGET CONSTRAINTS CAPITAL MOBILITY CLOSED ECONOMY COMPLEXITY CONSTANT RETURNS TO SCALE COURNOT COMPETITION DERIVATIVE DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOUNT RATE DISCUSSION DISCUSSIONS DUOPOLY ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITY EMPLOYMENT ENFORCEMENT MECHANISMS ENFORCEMENT PROCESS EQUILIBRIUM EQUILIBRIUM WAGES EXISTING KNOWLEDGE EXPECTED PRESENT VALUE EXPECTED VALUE EXPENDITURES EXPLORATION FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT FUNCTIONAL FORMS GDP GEOGRAPHIC REGIONS GLOBAL ECONOMY GOVERNMENT EXPENDITURE HUMAN CAPITAL IDEA IDEAS INDUSTRIAL DEVELOPMENT INNOVATION INNOVATIONS INTEGRATION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVENTION INVENTIONS INVESTMENT DECISIONS IP LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LOW INTEREST RATE MARGINAL PRODUCT MARKET EQUILIBRIUM MARKET SIZE NATIONAL INCOME OPEN ECONOMY PATENTS POLITICAL ECONOMY PROCESS OF INNOVATION PRODUCTIVITY PROPERTY RIGHTS PROTECTION OF INTELLECTUAL PROPERTY R&D RENTS RESULT RESULTS RETURNS STATISTICAL DATA STRUCTURAL CHANGE TRUST FUND WAGES WEB WEB SITE Bravo-Ortega, Claudio Lederman, Daniel Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures |
| geographic_facet |
The World Region |
| relation |
Policy Research working paper ; no. WPS 5217 |
| description |
Numerous studies predict that developing
countries with low human capital may not benefit from the
strengthening of intellectual property rights. The authors
extend an influential theoretical framework to highlight the
role of intellectual property rights in the process of
innovation and structural change. The resulting theory is
consistent with a stylized fact that appears in the data,
namely that countries with poor intellectual-property
protection may accumulate human capital without a
corresponding increase in research and development
investment as a share of national income. The model predicts
that without minimum intellectual-property protection,
additional education may result in more imitation rather
than innovation. The preponderance of the econometric
evidence presented in this paper suggests that interactions
between human capital and intellectual property rights
determine global patterns of research and development
effort, and intellectual property rights tend to raise the
effect of education on the incidence of research and development. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Bravo-Ortega, Claudio Lederman, Daniel |
| author_facet |
Bravo-Ortega, Claudio Lederman, Daniel |
| author_sort |
Bravo-Ortega, Claudio |
| title |
Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures |
| title_short |
Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures |
| title_full |
Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures |
| title_fullStr |
Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures |
| title_full_unstemmed |
Intellectual Property Rights, Human Capital and the Incidence of R&D Expenditures |
| title_sort |
intellectual property rights, human capital and the incidence of r&d expenditures |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100222151652 http://hdl.handle.net/10986/3703 |
| _version_ |
1764387897411108864 |