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The Impacts of Trademarks and Patents on Labour Productivity in the Knowledge-Intensive Business Service Sectors

Author

Listed:
  • Domicián Máté

    (University of Debrecen)

  • András István Kun

    (University of Debrecen)

  • Veronika Fenyves

    (University of Debrecen)

Abstract

The economic and social roles of Intellectual Property Rights (IPRs) are among the most puzzling mysteries of the current literature. The British Industrial Revolution initiate the era of a sustained economic growth all over the word and established institutions that have important effects even in the modern ages. This paper focuses on the determinants of labour productivity growth performance (in terms of the change in output per capita over time) of several OECD countries. In this conceptual framework several IPRs, such as trademarks and patents, are first analyzed in the context of knowledge intensive (business) service (hereafter KI(B)S) branches. In order to support both theoretical deductions and empirical findings of the literature a dynamic regression model is tested to clarify whether a valid relationship exists between output per capita and the number of patents and trademarks in the long run. The results of the regression analysis show that an increase in the number of trademarks and patents might correlate negatively with labour productivity growth in KI(B)S industries between 1995 and 2011. Hence, this conclusion also highlights that some institutional reforms are needed to change the current intellectual property right systems.

Suggested Citation

  • Domicián Máté & András István Kun & Veronika Fenyves, 2016. "The Impacts of Trademarks and Patents on Labour Productivity in the Knowledge-Intensive Business Service Sectors," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(41), pages 104-104, February.
    • Handle: RePEc:aes:amfeco:v:41:y:2016:i:18:p:104
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    Cited by:

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    3. Kornel Toth & Eva Darabos, 2016. "The Growing Importance Of International Financial Reporting Standards," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 834-840, July.
    4. Anita Kiss, 2017. "The Empirical Examination Of Changes Related To Value Drivers In The Effects Of The 2007-2008 Crisis," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 10(4-5), April.
    5. KOVÁCS Edit Veronika & HARANGI-RÁKOS Mónika, 2020. "Cities Vs The Countryside €“ Pros And Cons Of Urban And Rural Life," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 530-539, July.
    6. Judit Oláh & Sándor Kovács & Zuzana Virglerova & Zoltán Lakner & Maria Kovacova & József Popp, 2019. "Analysis and Comparison of Economic and Financial Risk Sources in SMEs of the Visegrad Group and Serbia," Sustainability, MDPI, vol. 11(7), pages 1-19, March.
    7. Ventsislava Nikolova-Minkova, 2022. "The Trademark Application Activity in Bulgaria According to the Nice Classification and Economic Sectors for the Period 2010-2020," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 109-141.
    8. Kubičková Viera & Krošláková Monika & Michálková Anna & Benešová Dana, 2018. "Gazelles in services: what are the specifics of their existence in Slovakia?," Management & Marketing, Sciendo, vol. 13(2), pages 929-945, June.

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    More about this item

    Keywords

    sectoral approach; labour productivity; KI(B)S; intellectual property rights;
    All these keywords.

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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