International trade, economic growth and intellectual property rights: A panel data study of developed and developing countries
نویسنده
چکیده
This paper examines the role of high-technology trade, IPRs and FDI in determining a country’s rate of innovation and economic growth. The empirical analysis is conducted using a unique panel data set of 47 developed and developing countries from 1970 to 1990. The results suggest that: (1) high-technology imports are relevant in explaining domestic innovation both in developed and developing countries; (2) foreign technology has a stronger impact on per capita GDP growth than domestic technology; (3) IPRs affect the innovation rate, but this impact is more significant for developed countries; (4) the results regarding FDI are inconclusive. D 2005 Elsevier B.V. All rights reserved. JEL classification: O3; O4; F1
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