Does patent harmonization impact the decision and volume of high technology trade?

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

The World Intellectual Property Organization identified technology transfer as a key objective to their Development Agenda. Such transfer could be achieved if patent reform in developing countries aids these countries in attracting foreign high-technology exports. Encouragingly, the results of this paper suggest that patent reform in lower-middle income countries attracts new firms into the market, while reform in low income and upper middle income countries encourages existing trade partners to increase export volumes. These results suggest that policies to harmonize patent regimes are, in fact, useful in increasing high technology exports to developing countries.

Original languageEnglish
Pages (from-to)35-51
Number of pages17
JournalInternational Review of Economics and Finance
Volume25
DOIs
StatePublished - Jan 2013

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Harmonization
Patents
High technology
Developing countries
Income
Market reform
Agenda
Technology transfer
Low income
Intellectual property
New firms

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Finance

Cite this

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title = "Does patent harmonization impact the decision and volume of high technology trade?",
abstract = "The World Intellectual Property Organization identified technology transfer as a key objective to their Development Agenda. Such transfer could be achieved if patent reform in developing countries aids these countries in attracting foreign high-technology exports. Encouragingly, the results of this paper suggest that patent reform in lower-middle income countries attracts new firms into the market, while reform in low income and upper middle income countries encourages existing trade partners to increase export volumes. These results suggest that policies to harmonize patent regimes are, in fact, useful in increasing high technology exports to developing countries.",
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