IPRs and Innovation, Technology Transfer, and Economic Welfare

IPRs and Innovation, Technology Transfer, and Economic Welfare

Juan Manuel Gil, Luis Angel Madrid, Carlos Hernán Fajardo
ISBN13: 9781522523192|ISBN10: 1522523197|EISBN13: 9781522523208
DOI: 10.4018/978-1-5225-2319-2.ch004
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MLA

Gil, Juan Manuel, et al. "IPRs and Innovation, Technology Transfer, and Economic Welfare." Technological Integration as a Catalyst for Industrial Development and Economic Growth, edited by Bryan Christiansen and Ülkü Yüksel, IGI Global, 2017, pp. 91-131. https://doi.org/10.4018/978-1-5225-2319-2.ch004

APA

Gil, J. M., Madrid, L. A., & Fajardo, C. H. (2017). IPRs and Innovation, Technology Transfer, and Economic Welfare. In B. Christiansen & Ü. Yüksel (Eds.), Technological Integration as a Catalyst for Industrial Development and Economic Growth (pp. 91-131). IGI Global. https://doi.org/10.4018/978-1-5225-2319-2.ch004

Chicago

Gil, Juan Manuel, Luis Angel Madrid, and Carlos Hernán Fajardo. "IPRs and Innovation, Technology Transfer, and Economic Welfare." In Technological Integration as a Catalyst for Industrial Development and Economic Growth, edited by Bryan Christiansen and Ülkü Yüksel, 91-131. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-2319-2.ch004

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Abstract

The TRIPS agreement states that Intellectual Property Rights (IPRs) protection should contribute to the promotion of technological innovation, economic welfare, and to the transfer and dissemination of technology. However, there is still no consensus on whether IPRs protection has achieved its goal. Thus, the chapter provides a discussion on how the impact of IPRs on innovation, technology transfer, and economic welfare is affected by the difference in the income level of the countries. The results suggest that in high-income and upper middle-income countries, IPRs have a positive impact in these variables. Nevertheless, it seems that in lower middle-income and low-income countries, IPRs have not increased innovation, spurred transfer of technology. or created economic welfare.

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