Intellectual property: a power tool for economic growth

The article is an evaluation of the growth of the Indian telecom sector in light of its innovative capabilities and production of intellectual property. The low patent footprint and investment in research and development of the Indian telecom sector shows a lack of focus on innovation and intellectual property creation by the domestic telecom industry, and it is argued that this prevents the sector to tap into its full potential. The economic growth of the telecom sector must be seen holistically, meaning that domestic Indian telecom companies must be internationally competitive and occupy a higher place in the telecommunications value chain. This article argues that regulatory focus needs to shift towards encouraging and protecting intellectual property in India, so as to incentivize investment in expansion of technological capabilities through R&D.

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Empirical Analysis of Causal Relationship between R&D Investment, Intellectual Property and Regional Economic Growth in Korea

Journal of Industrial Economics and Business ◽

10.22558/jieb.2020.6.33.3.853 ◽

2020 ◽

Vol 33 (3) ◽

pp. 853-872

Author(s):

Min-Chang Kim

Keyword(s):

Economic Growth ◽

Intellectual Property ◽

Causal Relationship ◽

Empirical Analysis ◽

Regional Economic Growth ◽

Regional Economic ◽

D Investment

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The Disintegration of Intellectual Property? A Classical Liberal Response to a Premature Obituary

SSRN Electronic Journal ◽

10.2139/ssrn.1236273 ◽

2008 ◽

Cited By ~ 7

Author(s):

Richard A. Epstein

Keyword(s):

Intellectual Property ◽

Property A ◽

Classical Liberal

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Effects of patents on the transition from stagnation to growth

Journal of Population Economics ◽

10.1007/s00148-019-00753-6 ◽

2019 ◽

Vol 33 (2) ◽

pp. 395-411 ◽

Cited By ~ 2

Author(s):

Angus C. Chu ◽

Zonglai Kou ◽

Xilin Wang

Keyword(s):

Economic Growth ◽

Intellectual Property ◽

Property Rights ◽

Population Size ◽

Intellectual Property Rights ◽

Growth Model ◽

Patent Protection ◽

Theoretic Analysis ◽

Schumpeterian Growth ◽

Long Run

Abstract This study provides a growth-theoretic analysis of the effects of intellectual property rights on the take-off of an economy from an era of stagnation to a state of sustained economic growth. We incorporate patent protection into a Schumpeterian growth model in which take-off occurs when the population size crosses an endogenous threshold. We find that strengthening patent protection has contrasting effects on economic growth at different stages of development. Specifically, it leads to an earlier take-off but also reduces economic growth in the long run.

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