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Effects of intellectual property rights on innovation and economic activity: A non-linear perspective from Latin America

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dc.contributor.authorViglioni, Marco Túlio Dinali
dc.contributor.authorCalegario, Cristina Lelis Leal
dc.contributor.authorAveline, Carlos Eduardo Stefaniak
dc.contributor.authorFerreira, Manuel Portugal
dc.contributor.authorBorini, Felipe Mendes
dc.contributor.authorBruhn, Nádia Campos Pereira
dc.date.accessioned2024-01-17T14:22:48Z
dc.date.available2024-01-17T14:22:48Z
dc.date.issued2023
dc.descriptionThis work was financed by the Coordenação ao de Aperfeiçoamento de Pessoal de Nivel Superior – Brasil (CAPES) – Finance Code 001 and supported by National Council for Scientific and Technological Development – CNPq (Proc. 152,060/2022–7).pt_PT
dc.descriptionAcknowledgements: The authors sincerely thank the Editor Mario Pianta and anonymous referees for all comments and constructive suggestions, which significantly contributed to improving the quality of the manuscript. We would like to register our sincere thanks to Miss Maribel Guerrero for her helpful suggestions in a firsthand view of our research. The authors are also grateful for the many helpful comments at the Academy of International Business – AIB LAC 2023 Conference hosted at ESPM in São Paulo, Brazil.pt_PT
dc.description.abstractIntellectual property rights (IPRs) have a significant impact on facilitating the economic endeavors of countries. Nevertheless, there exists notable disparity among studies concerning the implications of IPRs within developing countries. Therefore, this study examines how stronger IPRs affect economic activity and moderate two important knowledge channels, domestic and foreign innovation activity. Using a sample of 18 Latin American countries from 2007 to 2018, we employed the Driscoll-Kraay robust standard errors, two-stage least squares (2SLS), and Generalized Method of Moments (GMM) to examine the effects of IPRs. Results confirm an inverted U-shaped relationship between IPRs and economic activity. Hence, the majority of Latin countries continue to vary in the factors of production that suport robust IPRs. Conversely, robust IPRs effectively improve the relation between domestic innovation and economic activity. Similarly, this influence holds true for foreign innovation as well. Based on this evidence, the research suggests implementing an optimal IPR policy.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationViglioni, M. T. D., Calegario, C. L. L., Aveline, C. E. S., Ferreira, M. P., Borini, F. M., & Bruhn, N. C. P. (2023). The Effects of Intellectual Property Rights on Innovation and Economic Activity: A Non-Linear Perspective from Latin America. Available at SSRN 4363397. Vol. 67, pp. 359-371. https://doi.org/10.1016/j.strueco.2023.09.001pt_PT
dc.identifier.doihttps://doi.org/10.1016/j.strueco.2023.09.001pt_PT
dc.identifier.eissn1873-6017
dc.identifier.issn0954-349X
dc.identifier.urihttp://hdl.handle.net/10400.8/9306
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherElsevierpt_PT
dc.relation.publisherversionhttps://www.sciencedirect.com/science/article/pii/S0954349X23001194pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectIntellectual property rightspt_PT
dc.subjectDomestic innovationpt_PT
dc.subjectForeign direct investmentpt_PT
dc.subjectDeveloping countriespt_PT
dc.subjectTotal Factor Productivitypt_PT
dc.titleEffects of intellectual property rights on innovation and economic activity: A non-linear perspective from Latin Americapt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage371pt_PT
oaire.citation.startPage359pt_PT
oaire.citation.titleStructural Change and Economic Dynamicspt_PT
oaire.citation.volume67pt_PT
person.familyNameFerreira
person.givenNameManuel
person.identifier.ciencia-id2B1A-16D4-80DA
person.identifier.orcid0000-0002-4642-4605
person.identifier.ridA-2322-2012
person.identifier.scopus-author-id7402787382
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication69895f61-97d7-47e5-93e3-ede7fb54631c
relation.isAuthorOfPublication.latestForDiscovery69895f61-97d7-47e5-93e3-ede7fb54631c

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