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Intellectual Property Regimes, Innovative Capabilities, and Patenting in Korea
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- Authors
- Issue Date
- 2006-12
- Citation
- Seoul Journal of Business, Vol.12 No.2, pp. 57-75
- Keywords
- intellectual property regime ; patenting ; innovative capabilities
- Abstract
- In this paper, we empirically investigate whether and to what extent
major changes in IPR contributed to subsequent upgrading of innovative
capabilities and patenting in Korea. We found that major IPR changes in
Korea in the 1980s led to the big increase in patenting, thereby
supporting the friendly court hypothesis. Especially, the trend of
substance patent applications by local residents seems to suggest that
the IPR change in Korea encouraged local firms to focus more on
developing innovative capabilities and patenting more actively. Based on
the Korean experience, we offer an insight into the recent debate on the
relationship between IPR and economic development in developing
countries.
- ISSN
- 1226-9816
- Language
- English
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