Chu, Angus C. and Cozzi, Guido and Galli, Silvia (2011): Innovating like China: a theory of stage-dependent intellectual property rights.
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Inspired by the Chinese experience, we develop a Schumpeterian growth model of distance to frontier in which economic growth in the developing country is driven by domestic innovation as well as imitation and transfer of foreign technologies through foreign direct investment. We show that optimal IPR protection is stage-dependent. At an early stage of development, the country implements weak IPR protection to facilitate imitation. At a later stage of development, the country implements strong IPR protection to encourage domestic innovation. Finally, we provide empirical evidence that supports this theoretical finding.
|Item Type:||MPRA Paper|
|Original Title:||Innovating like China: a theory of stage-dependent intellectual property rights|
|Keywords:||economic growth; stage-dependent intellectual property rights|
|Subjects:||O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O34 - Intellectual Property Rights
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives
O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General
|Depositing User:||Angus C. Chu|
|Date Deposited:||29. Apr 2011 14:48|
|Last Modified:||16. Feb 2013 07:00|
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Available Versions of this Item
Innovating like China: a theory of stage-dependent intellectual property rights. (deposited 29. Apr 2011 14:48)
- Innovating like China: a theory of stage-dependent intellectual property rights. (deposited 09. Nov 2011 23:59)