Intellectual property rights, foreign direct investment and economic growth
The objective of this study is to investigate the moderating role of IPR on the impact of FDI inflows on economic growth. By include an interaction term for FDI and IPR in each model, Two-step System GMM was applied for three proxies of IPR, namely patent, trademark and industrial design on a panel...
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| Format: | Article |
| Language: | English |
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Faculty of Economics and Management, Universiti Putra Malaysia
2018
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| Online Access: | http://psasir.upm.edu.my/id/eprint/16105/ http://psasir.upm.edu.my/id/eprint/16105/1/18%29%20Intellectual%20Property%20Rights.pdf |
| _version_ | 1848842867173228544 |
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| author | Palaniaandy, Ayappan Lee, Chin |
| author_facet | Palaniaandy, Ayappan Lee, Chin |
| author_sort | Palaniaandy, Ayappan |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The objective of this study is to investigate the moderating role of IPR on the impact of FDI inflows on economic growth. By include an interaction term for FDI and IPR in each model, Two-step System GMM was applied for three proxies of IPR, namely patent, trademark and industrial design on a panel of 103 countries from 1998 to 2013. The result shows that interaction between FDI-trademark and FDI-design obtained a positive and significant result towards economic growth. It can be concluded that countries with high IPR’s could enhance their economic growth via higher inflows of FDI. A strict enforcement of IPR is vital in ensuring positive impact on economic growth as investors preferably place the FDI in a safe and secure nation that promises enforcement of law against imitation. |
| first_indexed | 2025-11-15T08:05:57Z |
| format | Article |
| id | upm-16105 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T08:05:57Z |
| publishDate | 2018 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-161052019-11-12T07:07:16Z http://psasir.upm.edu.my/id/eprint/16105/ Intellectual property rights, foreign direct investment and economic growth Palaniaandy, Ayappan Lee, Chin The objective of this study is to investigate the moderating role of IPR on the impact of FDI inflows on economic growth. By include an interaction term for FDI and IPR in each model, Two-step System GMM was applied for three proxies of IPR, namely patent, trademark and industrial design on a panel of 103 countries from 1998 to 2013. The result shows that interaction between FDI-trademark and FDI-design obtained a positive and significant result towards economic growth. It can be concluded that countries with high IPR’s could enhance their economic growth via higher inflows of FDI. A strict enforcement of IPR is vital in ensuring positive impact on economic growth as investors preferably place the FDI in a safe and secure nation that promises enforcement of law against imitation. Faculty of Economics and Management, Universiti Putra Malaysia 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/16105/1/18%29%20Intellectual%20Property%20Rights.pdf Palaniaandy, Ayappan and Lee, Chin (2018) Intellectual property rights, foreign direct investment and economic growth. International Journal of Economics and Management, 12 (spec. 2). pp. 535-548. ISSN 1823-836X; ESSN: 2600-9390 http://www.ijem.upm.edu.my/vol12_noS2/18)%20Intellectual%20Property%20Rights.pdf |
| spellingShingle | Palaniaandy, Ayappan Lee, Chin Intellectual property rights, foreign direct investment and economic growth |
| title | Intellectual property rights, foreign direct investment and economic growth |
| title_full | Intellectual property rights, foreign direct investment and economic growth |
| title_fullStr | Intellectual property rights, foreign direct investment and economic growth |
| title_full_unstemmed | Intellectual property rights, foreign direct investment and economic growth |
| title_short | Intellectual property rights, foreign direct investment and economic growth |
| title_sort | intellectual property rights, foreign direct investment and economic growth |
| url | http://psasir.upm.edu.my/id/eprint/16105/ http://psasir.upm.edu.my/id/eprint/16105/ http://psasir.upm.edu.my/id/eprint/16105/1/18%29%20Intellectual%20Property%20Rights.pdf |