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Intellectual Property Protection, Entrepreneurship, And Economic Growth

Author

Listed:
  • FRANCIS W. RUSHING

    (College of Business Administration, Georgia State University, USA)

  • MARK A. THOMPSON

    (College of Business, Marshall University, USA)

Abstract

This paper brings together the importance of intellectual property protection (IPP) and entrepreneurship in economic growth. The paper surveys the economic literature on what factors are important to growth. The focus is on recent models of endogenous growth which reflect on the role of investment, technological change and education. Secondly, publications, which measure the impact of IPP on some of the growth elements identified are reviewed. The third section deals with IPP and the entrepreneur as an important agent and facilitator of growth. It discusses the nature of IPP as an incentive in not only stimulating the development of new technologies and processes but also the dissemination of existing technologies. Using the surveys as background, short case studies for India and Brazil are presented on IPP as a stimulus and application of research and development. The last section summarizes the previous sections and draws some conclusions with respect to policy.

Suggested Citation

  • Francis W. Rushing & Mark A. Thompson, 1996. "Intellectual Property Protection, Entrepreneurship, And Economic Growth," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 267-285.
    • Handle: RePEc:wsi:jecxxx:v:04:y:1996:i:03:n:s0218495896000150
    DOI: 10.1142/S0218495896000150
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    Cited by:

    1. Su, Zhongfeng & Wang, Chenfeng & Peng, Mike W., 2022. "Intellectual property rights protection and total factor productivity," International Business Review, Elsevier, vol. 31(3).

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