Does Weak Intellectual Property Rights Protection Deter Investment in RD?
This article gives an example of an industry where process R&D is not deterred by a lack of Intellectual Property Rights (IPR). We observe that the imitation driven by this lack of IPR acts as a source of competitive pressure on the technological leader who responds by increasing its process R&D. We also find that when IPR are introduced in that industry, firms switch from process to product innovation.
Year of publication: |
2012
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Authors: | Campbell, Neil ; Huang, Kainan ; Luckraz, Shravan |
Published in: |
World Economics. - World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE. - Vol. 13.2012, 3, p. 79-84
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Publisher: |
World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE |
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