Innovation, Imitation and Intellectual Property Rights in Developing Countries

Hong Hwang; Jollene Z. Wu; Eden S. H. Yu

doi:10.1111/rode.12205

Innovation, Imitation and Intellectual Property Rights in Developing Countries

Hong Hwang^*, Jollene Z. Wu, Eden S. H. Yu

^*Corresponding author for this work

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

21 Citations (Scopus)

Abstract

This paper sets up a vertically related market model in which imitation and innovation are endogenously determined to study the impact of intellectual property rights (IPR) protection on less-developed countries. It shows how a less-developed country switches from imitation to innovation as it develops. It is also found that the relationship between IPR protection and economic development is U-shaped. The IPR protection tends to go down and then go up as income rises. This finding also conforms with that in the empirical literature on IPR protection.

Original language	English
Pages (from-to)	138-151
Journal	Review of Development Economics
Volume	20
Issue number	1
Online published	28 Jan 2016
DOIs	https://doi.org/10.1111/rode.12205
Publication status	Published - Feb 2016
Externally published	Yes

Research Keywords

NORTH-SOUTH TRADE
MONOPOLISTIC COMPETITION
INTERNATIONAL-TRADE
PRODUCT-CYCLE
PROTECTION
MODEL
TECHNOLOGY
INVESTMENT

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title = "Innovation, Imitation and Intellectual Property Rights in Developing Countries",

abstract = "This paper sets up a vertically related market model in which imitation and innovation are endogenously determined to study the impact of intellectual property rights (IPR) protection on less-developed countries. It shows how a less-developed country switches from imitation to innovation as it develops. It is also found that the relationship between IPR protection and economic development is U-shaped. The IPR protection tends to go down and then go up as income rises. This finding also conforms with that in the empirical literature on IPR protection.",

keywords = "NORTH-SOUTH TRADE, MONOPOLISTIC COMPETITION, INTERNATIONAL-TRADE, PRODUCT-CYCLE, PROTECTION, MODEL, TECHNOLOGY, INVESTMENT",

author = "Hong Hwang and Wu, {Jollene Z.} and Yu, {Eden S. H.}",

year = "2016",

month = feb,

doi = "10.1111/rode.12205",

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volume = "20",

pages = "138--151",

journal = "Review of Development Economics",

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AU - Hwang, Hong

AU - Wu, Jollene Z.

AU - Yu, Eden S. H.

PY - 2016/2

Y1 - 2016/2

N2 - This paper sets up a vertically related market model in which imitation and innovation are endogenously determined to study the impact of intellectual property rights (IPR) protection on less-developed countries. It shows how a less-developed country switches from imitation to innovation as it develops. It is also found that the relationship between IPR protection and economic development is U-shaped. The IPR protection tends to go down and then go up as income rises. This finding also conforms with that in the empirical literature on IPR protection.

AB - This paper sets up a vertically related market model in which imitation and innovation are endogenously determined to study the impact of intellectual property rights (IPR) protection on less-developed countries. It shows how a less-developed country switches from imitation to innovation as it develops. It is also found that the relationship between IPR protection and economic development is U-shaped. The IPR protection tends to go down and then go up as income rises. This finding also conforms with that in the empirical literature on IPR protection.

KW - NORTH-SOUTH TRADE

KW - MONOPOLISTIC COMPETITION

KW - INTERNATIONAL-TRADE

KW - PRODUCT-CYCLE

KW - PROTECTION

KW - MODEL

KW - TECHNOLOGY

KW - INVESTMENT

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UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-84955594098&origin=recordpage

U2 - 10.1111/rode.12205

DO - 10.1111/rode.12205

M3 - RGC 21 - Publication in refereed journal

SN - 1363-6669

VL - 20

SP - 138

EP - 151

JO - Review of Development Economics

JF - Review of Development Economics

IS - 1

ER -

Innovation, Imitation and Intellectual Property Rights in Developing Countries

Abstract

Research Keywords

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