IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i14p6051-d1435754.html
   My bibliography  Save this article

IPR Protection and Sustainable Economic Growth: Domestic R&D Level and International R&D Trade Cooperation Perspective

Author

Listed:
  • Pengfei Cheng

    (Department of Financial Management, Hubei University of Automotive Technology, Shiyan 442002, China)

  • Mengzhen Wang

    (Department of Economic and Trade, Hubei University of Automotive Technology, Shiyan 442002, China)

  • Baekryul Choi

    (Department of International Trade, Jeonbuk National University, Jeonju-si 54896, Jeollabuk-do, Republic of Korea)

Abstract

Based on theoretical analysis and research hypotheses, this study uses unbalanced panel data from 107 countries from 2008 to 2020 to empirically analyze the impact of intellectual property rights protection (IPRP) on sustainable economic growth (SEG). The results demonstrate that IPRP promotes SEG directly and indirectly by enhancing the accumulation of knowledge capital through domestic R&D and international R&D trade cooperation. Technological progress reduces the positive impact of IPRP on domestic R&D but amplifies the effect of domestic R&D on SEG. Furthermore, political stability enhances the positive effects of IPRP on international R&D trade cooperation and SEG. This research provides empirical evidence for the role of IPRP in sustainable development and offers policy insights for governments worldwide.

Suggested Citation

  • Pengfei Cheng & Mengzhen Wang & Baekryul Choi, 2024. "IPR Protection and Sustainable Economic Growth: Domestic R&D Level and International R&D Trade Cooperation Perspective," Sustainability, MDPI, vol. 16(14), pages 1-16, July.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:14:p:6051-:d:1435754
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/14/6051/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/14/6051/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rod Falvey & Neil Foster & David Greenaway, 2006. "Intellectual Property Rights and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 10(4), pages 700-719, November.
    2. Takeo Hori & Hiroaki Yamagami, 2018. "Intellectual property rights protection in the presence of exhaustible resources," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(4), pages 759-784, October.
    3. Hamilton, Kirk & Ley, Eduardo, 2010. "Measuring National Income and Growth in Resource-Rich, Income-Poor Countries," World Bank - Economic Premise, The World Bank, issue 28, pages 1-7, August.
    4. Jakob B. Madsen & Md. Rabiul Islam & James B. Ang, 2010. "Catching up to the technology frontier: the dichotomy between innovation and imitation," Canadian Journal of Economics, Canadian Economics Association, vol. 43(4), pages 1389-1411, November.
    5. Yang, Lei & Maskus, Keith E., 2009. "Intellectual property rights, technology transfer and exports in developing countries," Journal of Development Economics, Elsevier, vol. 90(2), pages 231-236, November.
    6. Di Guo & Kun Jiang, 2022. "Venture capital investment, intellectual property rights protection and firm innovation: evidence from China," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 34(5-6), pages 434-470, May.
    7. Ke Mao & Pierre Failler, 2022. "Does Stronger Protection of Intellectual Property Improve Sustainable Development? Evidence from City Data in China," Sustainability, MDPI, vol. 14(21), pages 1-15, November.
    8. Amina Ahmed Lahsen & Alan T. Piper, 2019. "Property rights and intellectual property protection, GDP growth and individual well-being in Latin America," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-21, December.
    9. Furukawa, Yuichi, 2010. "Intellectual property protection and innovation: an inverted-U relationship," Economics Letters, Elsevier, vol. 109(2), pages 99-101, November.
    10. Kwan, Yum K. & Lai, Edwin L. -C., 2003. "Intellectual property rights protection and endogenous economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 27(5), pages 853-873, March.
    11. Susan L Young & Christopher Welter & Michael Conger, 2018. "Stability vs. flexibility: The effect of regulatory institutions on opportunity type," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(4), pages 407-441, May.
    12. Cysne, Rubens P. & Turchick, David, 2012. "Intellectual property rights protection and endogenous economic growth revisited," Journal of Economic Dynamics and Control, Elsevier, vol. 36(6), pages 851-861.
    13. Pinelopi Koujianou Goldberg & Nina Pavcnik, 2007. "Distributional Effects of Globalization in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 45(1), pages 39-82, March.
    14. Guoliang Chen & Jianchun Fang & Giray Gozgor & Sercan Pekel, 2022. "Measuring Uncertainty in Export Destinations And Its Impact on Economic Growth: Evidence from Turkey," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 58(15), pages 4231-4246, December.
    15. Naghavi, Alireza & Strozzi, Chiara, 2015. "Intellectual property rights, diasporas, and domestic innovation," Journal of International Economics, Elsevier, vol. 96(1), pages 150-161.
    16. William Chongyang Zhou & Ruicheng Wang, 2020. "Intellectual property, institutional dynamics, and firm innovation," Science and Public Policy, Oxford University Press, vol. 47(3), pages 299-312.
    17. Seenaiah Kale & Badri Narayan Rath, 2018. "Does innovation matter for total factor productivity growth in India? Evidence from ARDL bound testing approach," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 13(5), pages 1311-1329, November.
    18. Hu, Xiaotian & Yin, Xiaopeng, 2022. "Do stronger intellectual property rights protections raise productivity within the context of trade liberalization? Evidence from China," Economic Modelling, Elsevier, vol. 110(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pengfei Cheng & Yuhao Wang & Mengzhen Wang, 2024. "Does intellectual property rights protection help reduce carbon emissions?," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    2. Auriol, Emmanuelle & Biancini, Sara & Paillacar, Rodrigo, 2023. "Intellectual property rights protection and trade: An empirical analysis," World Development, Elsevier, vol. 162(C).
    3. Nemlioglu, Ilayda & Mallick, Sushanta, 2020. "Does multilateral lending aid capital accumulation? Role of intellectual capital and institutional quality," Journal of International Money and Finance, Elsevier, vol. 108(C).
    4. Shiyuan Pan & Mengbo Zhang & Heng-fu Zou, 2011. "Patent Protection, Financial Development and Economic Growth," CEMA Working Papers 589, China Economics and Management Academy, Central University of Finance and Economics.
    5. Pamela J. Smith & Sebastian J. Anti, 2022. "How does TRIPs compliance affect the economic growth of developing countries? Application of the Synthetic Control method," The World Economy, Wiley Blackwell, vol. 45(12), pages 3873-3906, December.
    6. Rudra Narayan Kushwaha & Taniya Ghosh, 2023. "The Effects of population growth on patents and economic growth dynamics," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2023-05, Indira Gandhi Institute of Development Research, Mumbai, India.
    7. Angus C. Chu & Yuichi Furukawa, 2013. "Patentability and Knowledge Spillovers of Basic R&D," Southern Economic Journal, John Wiley & Sons, vol. 79(4), pages 928-945, April.
    8. Angus Chu & Guido Cozzi & Chih-Hsing Liao, 2013. "Endogenous fertility and human capital in a Schumpeterian growth model," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(1), pages 181-202, January.
    9. Gnangnon, Sèna Kimm, 2023. "The Least developed countries' TRIPS Waiver and the Strength of Intellectual Property Protection," EconStor Preprints 271537, ZBW - Leibniz Information Centre for Economics.
    10. Diwakar, Bharat & Sorek, Gilad & Stern, Michael, 2021. "Patents And Growth In Olg Economy With Physical Capital," Macroeconomic Dynamics, Cambridge University Press, vol. 25(2), pages 489-508, March.
    11. Rongxin Xu & Yibai Yang & Zhijie Zheng, 2024. "Intellectual property rights, taxation, and firms’ innovation: theory and evidence from China," Journal of Economics, Springer, vol. 142(1), pages 81-109, June.
    12. Hudson, John & Minea, Alexandru, 2013. "Innovation, Intellectual Property Rights, and Economic Development: A Unified Empirical Investigation," World Development, Elsevier, vol. 46(C), pages 66-78.
    13. Gangopadhyay, Kausik & Mondal, Debasis, 2012. "Does stronger protection of intellectual property stimulate innovation?," Economics Letters, Elsevier, vol. 116(1), pages 80-82.
    14. Reinan Ribeiro & David Turchick, 2014. "Optimal patent breadth in a horizontal innovation growth model," Working Papers, Department of Economics 2014_15, University of São Paulo (FEA-USP).
    15. Cysne, Rubens P. & Turchick, David, 2012. "Intellectual property rights protection and endogenous economic growth revisited," Journal of Economic Dynamics and Control, Elsevier, vol. 36(6), pages 851-861.
    16. Chu, Angus C., 2009. "Macroeconomic Effects of Intellectual Property Rights: A Survey," MPRA Paper 17342, University Library of Munich, Germany.
    17. Chu, Angus C. & Shen, Guobing & Zhang, Xun, 2017. "Imports and Intellectual Property Rights on Innovation in China," MPRA Paper 81706, University Library of Munich, Germany.
    18. Bharat Diwakar & Gilad Sorek, 2016. "Finite Lifetimes, Patents' Length and Breadth, and Growth," Auburn Economics Working Paper Series auwp2016-08, Department of Economics, Auburn University.
    19. Ndubuisi, Gideon & Foster-McGregor, Neil, 2018. "Domestic intellectual property rights protection and the margins of bilateral exports," MERIT Working Papers 2018-035, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    20. Cristóbal Campoamor, Adolfo, 2021. "North-South trade liberalization and factor reallocations between manufacturing and R&D," Economic Modelling, Elsevier, vol. 96(C), pages 277-294.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2024:i:14:p:6051-:d:1435754. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.