nep-ipr New Economics Papers
on Intellectual Property Rights
Issue of 2023‒09‒11
two papers chosen by
Giovanni Ramello, Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

  1. Economic Consequences of the Unitary Patent By Lena Kalukuta Mahina; Bruno Van Pottelsberghe
  2. The Cointegration Relationship between Patent, Domestic Investment and Economic Growth in United States of America By Othmani, Abdelhafidh; Ben Yedder, Nadia; Bakari, Sayef

  1. By: Lena Kalukuta Mahina; Bruno Van Pottelsberghe
    Abstract: The year 2023 will most likely be remembered in the future history of the European patent system, similarly to 1978, that marked the creation of the European Patent and the Patent Cooperation Treaty, or similarly to 1883 with the Paris Convention. Called for long the Community Patent, it has been renamed “Unitary patent” (UP), or patent with a unitary effect. Its raison d’être is to cope with the many weaknesses (see van Pottelsberghe, 2009) of the European Patent (EP) system, which reduced the effectiveness of the European patent policy in stimulating innovation.
    Keywords: Intellectual property, Unitary patent, European patent
    Date: 2023–08
  2. By: Othmani, Abdelhafidh; Ben Yedder, Nadia; Bakari, Sayef
    Abstract: This empirical paper searched the three way-linkage between patent, domestic investment, and economic growth in the case of USA during the period 1980 – 2020. By using cointegration analysis and VECM Model, we found that there is no causal relationship between the three variables in the long run. However, we found that domestic investment and economic growth cause patent in the short run. which explains why patents are not a source of economic growth and domestic investment in America and that there are other determinants that have stimulated American economic activity.
    Keywords: Cointegration, Patent, Domestic Investment, Economic Growth, United States of America.
    JEL: D23 E22 G31 H54 I28 O16 O31 O32 O47 O51
    Date: 2023

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