Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies
This study investigates the impact of IPRs protection and absorptive capacity on research and development (R&D) expenditure in developing economies. Utilizing panel data from 2009-2014 for a sample of 41 developing countries and applying the SystemGMM estimator, we reached important conclusions....
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| Format: | Article |
| Language: | English |
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Zes Rokman Resources
2018
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| Online Access: | http://psasir.upm.edu.my/id/eprint/72423/ http://psasir.upm.edu.my/id/eprint/72423/1/Effect%20of%20Intellectual%20Property%20Rights%20%28IPRS%29%20and%20absorptive%20capacity%20on%20research%20%26%20development.pdf |
| _version_ | 1848857114733182976 |
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| author | Mohamad, Asuantri Mhd Bani, Nor Yasmin |
| author_facet | Mohamad, Asuantri Mhd Bani, Nor Yasmin |
| author_sort | Mohamad, Asuantri |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This study investigates the impact of IPRs protection and absorptive capacity on research and development (R&D) expenditure in developing economies. Utilizing panel data from 2009-2014 for a sample of 41 developing countries and applying the SystemGMM estimator, we reached important conclusions. The estimated results show that IPRs protection has a positive and significant impact on R&D, however, absorptive capacity does not have a significant impact on R&D when estimated separately. The effect changes when we consider the interaction of the both variables, such that there exists a negative relationship between the interaction variables. This indicates that stronger level in IPRs protection hinders R&D efforts in the country with an inadequate level of absorptive capacity. The results also imply that both appropriate levels of IPRs protection and adequate level of absorptive capacity are necessary to increase R&D activities in the host developing countries. |
| first_indexed | 2025-11-15T11:52:24Z |
| format | Article |
| id | upm-72423 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T11:52:24Z |
| publishDate | 2018 |
| publisher | Zes Rokman Resources |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-724232020-06-09T01:41:53Z http://psasir.upm.edu.my/id/eprint/72423/ Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies Mohamad, Asuantri Mhd Bani, Nor Yasmin This study investigates the impact of IPRs protection and absorptive capacity on research and development (R&D) expenditure in developing economies. Utilizing panel data from 2009-2014 for a sample of 41 developing countries and applying the SystemGMM estimator, we reached important conclusions. The estimated results show that IPRs protection has a positive and significant impact on R&D, however, absorptive capacity does not have a significant impact on R&D when estimated separately. The effect changes when we consider the interaction of the both variables, such that there exists a negative relationship between the interaction variables. This indicates that stronger level in IPRs protection hinders R&D efforts in the country with an inadequate level of absorptive capacity. The results also imply that both appropriate levels of IPRs protection and adequate level of absorptive capacity are necessary to increase R&D activities in the host developing countries. Zes Rokman Resources 2018-04 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/72423/1/Effect%20of%20Intellectual%20Property%20Rights%20%28IPRS%29%20and%20absorptive%20capacity%20on%20research%20%26%20development.pdf Mohamad, Asuantri and Mhd Bani, Nor Yasmin (2018) Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies. South East Asia Journal of Contemporary Business, Economics and Law, 15 (3). pp. 1-7. ISSN 2289-1560 https://seajbel.com/previous-issues/april-2018/vol-15-april-2018-issue-3-economics/ |
| spellingShingle | Mohamad, Asuantri Mhd Bani, Nor Yasmin Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies |
| title | Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies |
| title_full | Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies |
| title_fullStr | Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies |
| title_full_unstemmed | Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies |
| title_short | Effect of Intellectual Property Rights (IPRS) and absorptive capacity on research & development (R&D): empirical evidences in developing economies |
| title_sort | effect of intellectual property rights (iprs) and absorptive capacity on research & development (r&d): empirical evidences in developing economies |
| url | http://psasir.upm.edu.my/id/eprint/72423/ http://psasir.upm.edu.my/id/eprint/72423/ http://psasir.upm.edu.my/id/eprint/72423/1/Effect%20of%20Intellectual%20Property%20Rights%20%28IPRS%29%20and%20absorptive%20capacity%20on%20research%20%26%20development.pdf |