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Patents, innovation, and development

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  • Bronwyn H. Hall

Abstract

I survey some recent research on the role of patents in encouraging innovation and growth in developing economies, beginning with a brief history of international patent systems and facts about the current use of patents around the world. I discuss research on the implications of patents for international technology transfer and domestic innovation. This is followed by a review of recent work by myself and co-authors on regional patent systems, the impact of patents on firm performance, and the impact on pharmaceutical patenting and domestic innovation. The conclusion suggests that patents may be relatively unimportant in development, even for middle income countries.

Suggested Citation

  • Bronwyn H. Hall, 2024. "Patents, innovation, and development," International Review of Applied Economics, Taylor & Francis Journals, vol. 38(1-2), pages 17-42, March.
    • Handle: RePEc:taf:irapec:v:38:y:2024:i:1-2:p:17-42
    DOI: 10.1080/02692171.2021.2022295
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    Cited by:

    1. Fernandez, Viviana, 2022. "Innovative intensity in the mining industry: Evidence from patent families," Resources Policy, Elsevier, vol. 78(C).
    2. Willoughby, Kelvin W. & Mullina, Nadezhda, 2021. "Reverse innovation, international patenting and economic inertia: Constraints to appropriating the benefits of technological innovation," Technology in Society, Elsevier, vol. 67(C).
    3. Julian Schwierzy & Robert Dehghan & Sebastian Schmidt & Elisa Rodepeter & Andreas Stoemmer & Kaan Uctum & Jan Kinne & David Lenz & Hanna Hottenrott, 2022. "Technology Mapping Using WebAI: The Case of 3D Printing," Papers 2201.01125, arXiv.org.
    4. Callaghan, Christian William, 2021. "Growth contributions of technological change: Is there a burden of knowledge effect?," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    5. Fernandez, Viviana, 2021. "Patenting trends in the mining industry," Resources Policy, Elsevier, vol. 72(C).
    6. Vargas, F. & Guillard, Charlotte & Salazar, Monica & Crespi, G.A., 2022. "Harmonized Latin American innovation Surveys Database (LAIS)," MERIT Working Papers 2022-020, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

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    More about this item

    JEL classification:

    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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