publication . Preprint . Other literature type . Part of book or chapter of book . Article . 1996

The role of intellectual property rights in economic growth

David M. Gould; William C. Gruben;
Open Access
  • Published: 01 Mar 1996
Abstract 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 is a good strategy for economic growth. This paper examines the role of intellectual property rights in economic growth, utilizing cross-country data on patent protection, trade regime, and country-specific characteristics. The evidence suggests that intellectual property protection is a significant determinant of economic growth. These effects appear to be slightly stronger in relatively open economies and are robust to both the ...
free text keywords: Economics and Econometrics, Development

Barro, Robert J.(1991)"EconomicGrowth in a cross section of countries," eunnertyJoumal of Economics 106:407-443.

Gould, David M., and Roy J. Ruffin (1993),',HumanCapital,Trade and EconomicGrowth,"

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