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on Knowledge Management and Knowledge Economy |
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Issue of 2016‒03‒17
two papers chosen by Laura Ştefănescu Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Simona Gamba |
| Abstract: | This paper analyses the causal effect of Intellectual Property Rights (IPR) protecting pharmaceutical products and processes on pharmaceutical domestic innovation in a panel of 74 countries. The identification strategy exploits the different timing across these countries of two homogeneous sets of IPR reforms. Domestic innovation is measured as citation-weighted domestic patent applications filed at the European Patent Office (EPO): the highly skewed distribution of the dependent variable, and the high number of zero observations, are taken into account by using count data models. In particular, a Zero Inflated Negative Binomial model is adopted to take into consideration the choice not to patent at the EPO. Results show that patent protection stimulates innovation, although the effect is not long-lasting. Developing countries profit significantly less than developed ones from the protection, benefiting from an effect that is roughly one half the one for developed countries. |
| Keywords: | Intellectual Property Rights, Pharmaceutical sector, Innovation, Patents, TRIPS, Developing countries |
| JEL: | I18 O31 O34 O1 K10 |
| Date: | 2016–03 |
| URL: | http://d.repec.org/n?u=RePEc:fbk:wpaper:2016-05&r=knm |
| By: | Nabeshima, Kaoru; Kang, Byeongwoo; Kashcheeva, Mila |
| Abstract: | This paper shows descriptively how the knowledge network in East Asia has been formed. In addition, the correlation between the knowledge network and economic growth is also examined. Evidence is provided to show that plugging into the knowledge network of developed countries could be a key for increasing innovativeness in a country. |
| Keywords: | Asia, Research & development, Scientific technology, Technological innovations, Technology transfer, Economic growth, Economic development, Macroeconomics, Network, Globalization, East Asia, Knowledge network, Patent data |
| JEL: | O11 O40 O53 |
| Date: | 2016–03 |
| URL: | http://d.repec.org/n?u=RePEc:jet:dpaper:dpaper558&r=knm |