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022 _a0022-2186
040 _aMSU
_bEnglish language
_cMSU
_erda
050 _aHB73 JOU
100 _aKanwar, Sunil
_eauthor
245 1 0 _aIntellectual property protection and technology licensing:
_bthe case of developing countries
_cby Sunil Kanwar
264 _aChicago
_bUniversity of Chicago Press
_c2012
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of law and economics
_vVolume 55, number 3
520 _aAbstract This paper studies the influence of stronger patent protection on technology licensing. Using data for the post-Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) period and focusing on developing countries, I correct for any endogeneity biases that may bedevil estimation. Employing a more inclusive index of patent protection than hitherto, which better accounts for the enforcement and implementation environment, I find that stronger protection is associated with increased royalty and license fee payments, which implies greater technology transfer to developing countries. The significance of the protection variable is driven by the subindex of patent coverage, which makes eminent sense in view of the increase in the coverage of patentable matter by developing countries after TRIPS. The economic significance of the protection variable is also substantial, with ceteris paribus changes in this variable accounting for technology inflows of U.S.$2.5-$3.2 billion (base year 2000) in the post-TRIPS sample period
650 _aDeveloping countries
_xEmerging technology
650 _aIntellectual property law
_zDeveloping countries
856 _uhttps://doi.org/10.1086/665566
942 _2lcc
_cJA
999 _c164012
_d164012