INTELLECTUAL PROPERTY PROTECTION, ENTREPRENEURSHIP, AND ECONOMIC GROWTH

1996 ◽  
Vol 04 (03) ◽  
pp. 267-285
Author(s):  
FRANCIS W. RUSHING ◽  
MARK A. THOMPSON
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Research And Development ◽  
Technological Change ◽  
New Technologies ◽  
Intellectual Property Protection ◽  
Economic Literature ◽  
The Third ◽  
The Impact

This paper brings together the importance of intellectual property protection (IPP) and entrepreneurship in economic growth. The paper surveys the economic literature on what factors are important to growth. The focus is on recent models of endogenous growth which reflect on the role of investment, technological change and education. Secondly, publications, which measure the impact of IPP on some of the growth elements identified are reviewed. The third section deals with IPP and the entrepreneur as an important agent and facilitator of growth. It discusses the nature of IPP as an incentive in not only stimulating the development of new technologies and processes but also the dissemination of existing technologies. Using the surveys as background, short case studies for India and Brazil are presented on IPP as a stimulus and application of research and development. The last section summarizes the previous sections and draws some conclusions with respect to policy.

Are human capital, intellectual property rights, and research and development expenditures really important for total factor productivity? An empirical analysis

2019 ◽  
Vol 46 (6) ◽  
pp. 756-774 ◽  
Author(s):  
Misbah Habib ◽  
Jawad Abbas ◽  
Rahat Noman
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Intellectual Property ◽  
Property Rights ◽  
Research And Development ◽  
Total Factor Productivity ◽  
Intellectual Property Rights ◽  
Factor Productivity ◽  
Content Type ◽  
The Impact

Purpose The purpose of this paper is to investigate the impact of human capital (HC), intellectual property rights (IPRs) and research and development (R&D) expenditures on total factor productivity (TFP), which leads to economic growth. Design/methodology/approach The panel data technique is used on a sample of 16 countries categorized into two groups, namely Brazil, Russia, India and China (BRIC) and Central and Eastern European (CEE) countries and, in order to make a comparison for the time period of 2007–2015, the researchers used a fixed effect model as an estimation method for regression. Findings The results indicate that HC, IPRs and R&D expenditures appear to be statistically significant and are strong factors in determining changes in TFP and exhibit positive results in all sample sets. Moreover, IPRs alone do not accelerate growth in an economy, especially taking the case of emerging nations. Originality/value Considering the importance of CEE and BRIC countries, and inadequate research on these regions with respect to current study’s variables and techniques, the present research provides valuable insights about the importance of HC, IPR and R&D activities and their impact on TFP, which leads to economic growth. IPRs create a fertile environment for R&D activities, knowledge creation and economic development. Distinct nations can attain better economic status via HC, R&D activities, innovation, trade and FDI, although the relative significance of these channels is likely to differ across countries depending on their developmental levels.

The Role of Intellectual Property Protection in the Business Strategy of University Spin-Off Biotech Companies in a Small Transition Economy

2007 ◽  
Vol 32 (1) ◽  
pp. 19-40 ◽  
Author(s):  
Tõnis Mets ◽  
Merike Leego ◽  
Tiit Talpsep ◽  
Urmas Varblane
Keyword(s):  
Intellectual Property ◽  
Business Strategy ◽  
Transition Economy ◽  
Intellectual Property Protection ◽  
Transition Country ◽  
Low Costs ◽  
Break Even Point ◽  
The Impact ◽  
Selection Of

AbstractSpin-off biotech companies often have difficulties in creating competitive advantage through protection of their intellectual property, due to their limited human and financial resources. Having considered the value of the intellectual property and questions of enforceability, spin-off companies should use patenting only for inventions with a high market value and high patent enforceability; otherwise, publishing early or keeping the invention a trade secret should be preferred. This allows the inventor to benefit from operational freedom while maintaining low costs. The impact of the protected intellectual property on the success of the firm depends on its speed of entry into the market and when it reaches break-even point. In a transition country with a poorly developed entrepreneurial environment, patents may expire before the spin-off company has produced any profit from its expenditures on the protection of the intellectual property. It should also be remembered that their products may contain modules which are already protected by other inventors. Consequently, a strategically fundamental issue for the success of spin-off firms is the careful selection of the markets in which to operate, and the choice of the proper degree and method of intellectual property protection.

scholarly journals INVESTIGATION THE PROBLEMS OF DEVELOPMENT THE PROTECTION SYSTEM OF INTELLECTUAL PROPERTY AND THEIR INFLUENCE ON INNOVATIVE ACTIVITY IN AGRO-INDUSTRIAL ENTERPRISES OF UKRAINE

2020 ◽  
Vol 2 (97) ◽  
pp. 276-286
Author(s):  
O.S. Tyushkevich ◽  
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Technological Progress ◽  
Technological Development ◽  
Intellectual Property Protection ◽  
Protection System ◽  
Innovative Development ◽  
Domestic Sphere ◽  
Industrial Enterprises

With the development of market relations, the urgency of defining new approaches in the management of scientific and technological progress, which provides innovative development of enterprises. The purpose of the article is to study the problems of development of the intellectual property protection system, their impact on the innovation activities of agricultural enterprises of Ukraine and to develop approaches to effective implementation of innovations in their activities. In the process of writing general theoretical methods were used. The system method was used in the study of theoretical aspects of innovative technologies. The method of analysis is used to characterize the receipt of applications for inventions in Ukraine. With the help of abstract-logical substantiated and presented conclusions and proposals for the development of effective mechanisms for implementing the strategy of innovative development of Ukraine's economy. Currently, the most pressing problem of increasing the competitiveness of the economy and high-quality economic growth is the creation and implementation of a systematic approach to the protection and management of intellectual property in Ukraine to make fuller use of national intellectual results and scientific and technological progress. We believe that although in recent years in Ukraine enough attention has been paid to the problems of development of the intellectual property protection system and its regulatory support, but the implementation of the main provisions of these regulations is inadequate. As evidenced by the dynamics of applications for inventions, so in 2019 they received 3852 against 4495 in 2015, respectively. The number of applications from national applicants during the period under review did not change, and from foreign applicants — decreased by 5.7 %, which in indicates the distrust of the latter to the economic and political situation in Ukraine. Critical assessments of the situation in the domestic sphere of intellectual property protection, in particular objects of industrial property rights, are confirmed by data from international and national official sources. The data presented in the article show that the existing system of intellectual property management is inefficient and does not meet modern priorities of technological development and requirements for economic growth. Taking into account the socio-economic features of today, we have proposed priority organizational and economic measures to develop effective mechanisms to strengthen the role of intellectual property in the implementation of the strategy of innovative development of Ukraine's economy. In particular we need: 1. To promote the gradual creation of a national network of commercialization and transfer of technologies and innovations based on the organization of regional centers. 2. To develop programs and incentives for scientific and technological partnership between government agencies in the academic, sectoral and educational sectors of science and industry. It is also advisable to develop a legal framework for the possibility of establishing a scientific and technological cluster by state organizations and private enterprises. 3. Reduce by 80–75 % the current rates of fees for patenting inventions and utility models. 4. Develop and implement mechanisms of state support for patenting inventions abroad, created in accordance with the priorities of technological development of the country, etc. The proposed recommendations for developing effective mechanisms to strengthen the role of intellectual property in implementing the strategy of innovative development of Ukraine's economy should be adapted to the guidelines of modern economic policy in order to accelerate the restructuring of national policy based on innovative development model and economical knowledges.

scholarly journals The Place and Role of Intellectual Property Policies in an Advanced Scientific Research and Education University

2017 ◽  
Vol 23 (1) ◽  
pp. 479-488
Author(s):  
Mihail Aurel Țîțu ◽  
Constantin Oprean ◽  
Sebastian Stan ◽  
Ștefan Țîțu
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Technology Transfer ◽  
Intellectual Property ◽  
Scientific Research ◽  
Intellectual Property Protection ◽  
The Sustainable Development ◽  
Innovation And Technology ◽  
Research And Education

AbstractIntellectual property plays an important role in the sustainable development of an university. Nowadays we can not talk about economic growth respectively about innovation and technology transfer if there is no analysis regarding the place and role of intellectual property protection in universities done. In this context, the authors conducted a study and have expressed a view on how the Intellectual Property policies must be understood and implemented later in an advanced scientific research and education university.

Is technological change a devourer of jobs?

2017 ◽  
pp. 111-140 ◽  
Author(s):  
R. Kapeliushnikov
Keyword(s):  
Technological Change ◽  
Critical Analysis ◽  
New Technologies ◽  
Employment Growth ◽  
Foreseeable Future ◽  
Employment Effects ◽  
Technological Unemployment ◽  
Micro Level ◽  
Task Sets ◽  
The Impact

The paper provides a critical analysis of the idea of technological unemployment. The overview of the existing literature on the employment effects of technological change shows that on the micro-level there exists strong and positive relationship between innovations and employment growth in firms; on the sectoral level this correlation becomes ambiguous; on the macro-level the impact of new technologies seems to be positive or neutral. This implies that fears of explosive growth of technological unemployment in the foreseeable future are exaggerated. Our analysis further suggests that new technologies affect mostly the structure of employment rather than its level. Additionally we argue that automation and digitalisation would change mostly task sets within particular occupations rather than distribution of workers by occupations.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

Islamic Finance as a Vehicle to Promote Improved Intellectual Property Rights in the Gulf Cooperation Council

2020 ◽  
Vol 13 (2) ◽  
pp. 407-442
Author(s):  
Nadia Naim
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Integrated Approach ◽  
Gulf Cooperation Council ◽  
Intellectual Property Protection ◽  
Islamic Finance ◽  
Growth Sector ◽  
The Individual ◽  
The Impact

AbstractThe purpose of this article is to assess how Islamic finance can act as a vehicle to enhance the current intellectual property rights regime in the Gulf Cooperation Council (GCC). Islamic finance has developed within the constraints of sharia law and has been a growth sector for the GCC. This article will identify the main principles of Islamic finance that contribute to the success of Islamic finance, which can enhance intellectual property protection in the GCC. The main sharia-compliant areas to be considered are musharaka, mudaraba, murabaha, takaful, istisna, ijara, salam and sukuk. The article will outline the founding principles of Islamic finance, the governance of sharia boards, development of Islamic finance in the individual GCC states, different frameworks of sharia-compliant investment products and the impact of intellectual property rights on the varying Islamic finance investment tools. Furthermore, the article will discuss an integrated approach to intellectual property rights which learns lessons from the Islamic finance sector in relation to infrastructure, regulation and sharia compliance. The lessons learnt from Islamic finance will inform the overall framework of recommendations for an Islamic intellectual property model. The use of Islamic finance as a vehicle to promote better intellectual property rights in terms of defining a new intellectual property approach is novel. It is aimed at spearheading further research in this area, and it will form a part of the overall integrated approach proposals to intellectual property protection in the GCC and beyond.

scholarly journals A Study on the Impact of R&D Intensity on Business Performance: Evidence from South Korea

2021 ◽  
Vol 7 (2) ◽  
pp. 135
Author(s):  
Hun Park ◽  
Jun-Hwan Park ◽  
Sujin Lee ◽  
Hyuk Hahn
Keyword(s):  
South Korea ◽  
Research And Development ◽  
Business Performance ◽  
Decision Makers ◽  
The Other ◽  
Research Groups ◽  
Innovative Firms ◽  
The Impact ◽  
Knowledge Services

The role of R&D (research and development) intensity on the effect of knowledge services on the business performance of firms has been discussed by using PLS-SEM and PLS-MGA methods. Research groups were divided into two groups, innovative and non-innovative. Respondents were classified into innovative firms if their R&D intensity was over 3% and vice versa. PLS-SEM and PLS-MGA results were compared for two groups and valuable insights were extracted. For innovative firms, knowledge services seemed to be verified and processed by the decision makers and utilized to achieve their business performance. On the other hand, a large number of non-innovative firms seemed to have a stronger tendency to utilize knowledge services directly for their business without sufficient verification by the decision makers.

Identifying the Role of Digital Technologies in Sport Spectators Customer Experiences through Qualitative Approach

2021 ◽  
Vol 8 (2) ◽  
pp. 141-160
Author(s):  
Ekaterina Glebova ◽  
Michel Desbordes
Keyword(s):  
Literature Review ◽  
Sport Management ◽  
New Technologies ◽  
Digital Technologies ◽  
Primary Data ◽  
Technological Transformation ◽  
Consumption Culture ◽  
International Sport ◽  
The Impact

The massive uptake of digital technologies has changed the way how fans and the sports service field communicate and interact. In the current paper, we would like to emphasize the role of technology holistically in sport spectators customer experiences (SSCX) as a "game-changer" marketing in sports and the digitalization of SSCX. In this paper, we aim to explore and qualitatively describe by interviewees verbatim how new technologies impact SSCX. It draws on the literature review, combined with the primary data collected on unstructured interviews with international sport management and technology experts (N=10). It brings sports marketing insights followed by examples from industry professionals. Iterative analysis of data combined with literature review let us achieve to outline the crucial points and trends of technological transformations in sports spectacle. We offer an updated perspective on the SSCX through the prism of the impact of digital technologies and reshaping sports consumption culture. To this end, we develop a conceptual model that captures the nature of modern SSCX influenced by digital technologies. Keywords: technological transformation, sports spectacle, customer experience, co-creation, connectivity

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