Abstract

TEJEDOR ESTUPINAN, Ricardo Alonso; GIL LEON, José Mauricio  and  TEJEDOR ESTUPINAN, Joan Miguel. Intellectual Property Rights (IPR) And Economic Growth: A Review. Rev.fac.cienc.econ. [online]. 2018, vol.26, n.1, pp.225-243. ISSN 0121-6805.  https://doi.org/10.18359/rfce.3145.

This article analyzes the effects of Intellectual Property Rights (IPR) on the economic growth of countries, where greater protection encourages innovation processes that affect the greater advance of production. In the analytical development of work, Romer's (1991) endogenous growth model is taken as a theoretical framework, which explains the foundations of how knowledge formation leads economies to raise their levels of development. To give support to the above, is found in the literature, different works in which the importance of the IPR has been proven. Finally, taking a sample of countries between 1990 and 2014, it is concluded that spending on knowledge formation complemented by greater IPR protection leads to greater economic growth per capita, but the main thing turns out to be spending on R & D and not human capital defined as the percentage of the population with higher education.

Keywords : Rights; Intellectual property; Economic growth; Research and development.

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