Foreign IPR, Trade and Innovation: Does complexity matter?
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Date
2015-10
Type:
Documento de trabajo
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16 páginas
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School of Business and Economics, Universidad del Desarrollo
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Abstract
This paper studies the relation between foreign intellectual property rights affect exporting firms' productivity when industries have different technological complexity. Using simple functional forms, the dynamic model derives endogenous steady state distributions of exporting firms' productivity. Numerical simulations show a non-monotonic effect of complexity on productivity, and a positive effect of IPR. Empirical evidence using labor productivity measures support the findings of the theoretical model
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Keywords
Export-led growth, Intellectual Property Rights, Imitation, Patents, Productivity