DO OBJECTS AND INSTITUTES OF PROTECTION OF INTELLECTUAL PROPERTY RIGHTS MATTER FOR ECONOMIC GROWTH OF REGIONS OF RUSSIA?


Cite item

Full Text

Abstract

This paper analyzes the contribution of intangible assets of Russian regions to their economic growth. The gross regional product (GRP) per capita is used as the main indicator of regional economic growth. The testing of models has been carried out based on regional panel data of the Russian Federation from 2005 to 2015 with the use of econometric modeling. The hypothesis is confirmed that there is a constant elasticity of the gross regional product per capita relative to indicators characterizing the degree of use of the main types of intellectual property objects. The high explanatory power of the linear relationship between the abovementioned variables is also econometrically confirmed. It is proved that among all the types of intellectual property used, according to which the Federal Institute of Industrial Property provides quantitative data, a significant influence on the gross regional product is provided by inventions, utility models and databases.

An important result of the study is a high contribution of the variable “Number of used databases” to the explanation of differences in regions, according to their per capita GRP level. It explains about 40 % of fluctuations in the dependent variable. This indicator characterizes the activity of the region in the use of systematized information on the basis of modern software products. It is an important indicator of the digital economy development with digital platforms as one of the key tools using databases to a certain extent.

The construction of regression models over different time intervals proves the strengthening of the influence of innovations on the welfare of the Russian regions. In particular, the variables “Number of inventions used” and “Number of utility models used” have a greater explanatory power in the period of 2010–2015 than in 2005–2010.

About the authors

Timur Vladimirovich Кramin

V.G. Timiryasov Kazan Innovative University (IEML), Kazan

Author for correspondence.
Email: kramint@mail.ru

Doctor of Sciences (Economics), Professor, Vice-rector for Corporate Management, Head of Chair of Financial Management

Russian Federation

Anastasia Sergeevna Strelnikova

V.G. Timiryasov Kazan Innovative University (IEML), Kazan

Email: strelnikova.1986@mail.ru

postgraduate student of Chair of Financial Management

Russian Federation

References

  1. Romer P.M. Endogenous Technical Change. Journal of Political Economy, 1990, vol. 98, no. 5-2, pp. 71–102.
  2. Grossman G.M., Helpman E. Innovation and Growth in the Global Economy. Massachusetts, MIT Press Publ., 1991. 359 p.
  3. Grossman G.M., Helpman E. Endogenous innovation in the theory of growth. Journal of Economic Perspectives, 1994, vol. 8, no. 1, pp. 23–44.
  4. Aghion P., Howitt P. A model of growth through creative destruction. Econometrica, 1992, vol. 60, no. 2, pp. 323–351.
  5. Mankiw G.N., Romer D., Weil D.N. A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics, 1992, vol. 107, no. 2, pp. 407–437.
  6. Hasan I., Tucci C.L. The innovation–economic growth nexus: Global evidence. Research Policy, 2010, vol. 39, no. 10, pp. 1264–1276.
  7. Romer P.M. Increasing Returns and Long-Run Growth. Journal of Political Economy, 1986, vol. 94, no. 5, pp. 1002–1037.
  8. Stokey N.L. R&D and Economic Growth. Review of Economic Studies, 1995, vol. 62, no. 3, pp. 469–489.
  9. Griliches Z. The Search for R&D Spillovers. Scandinavian Journal of Economics, 1992, vol. 94, pp. 29–47.
  10. Fagerberg J. Technology and International Differences in Growth Rates. Journal of Economic Literature, 1994, vol. 32, no. 3, pp. 1147–1175.
  11. Kirchhoff B.A. Entrepreneurship and Dynamic Capitalism: The Economics of Business Firm Formation and Growth. USA, Greenwood Publ. Group, 1994. 218 p.
  12. Wennekers S., Thurik R. Linking entrepreneurship and economic growth. Small Business Economics, 1999, vol. 13, no. 1, pp. 27–56.
  13. Audretsch D.B. Innovation and Industry Evolution. Massachusetts, MIT Press Publ., 1995. 213 p.
  14. Kirchhoff B.A., Newbert S.L., Hasan I., Armington C. The influence of university R&D expenditures on new business formations and employment growth. Entrepreneurship: Theory and Practice, 2007, vol. 31, no. 4, pp. 543–559.
  15. Cameron G. Innovation and growth: a survey of the empirical evidence. URL: nuff.ox.ac.uk/users/cameron/papers/empiric.pdf.
  16. Mansfield E. Basic research and productivity increase in manufacturing. American Economic Review, 1980, vol. 70, no. 5, pp. 863–873.
  17. Griliches Z., Mairesse J. R&D and productivity growth: comparing Japanese and US manufacturing firms. European Economic Review, 1986, vol. 21, pp. 89–119.
  18. Griliches Z. Patent statistics as economic indicators: a survey. Journal of Economic Literature, 1990, vol. 28, no. 4, pp. 1661–1707.
  19. Gould D.M., Gruben W.C. The role of intellectual property rights in economic growth. Journal of development economics, 1996, vol. 48, no. 2, pp. 323–350.
  20. Park W.G., Ginarte J.C. Intellectual property rights and economic growth. Contemporary Economic Policy, 1997, vol. 15, no. 3, pp. 51–61.
  21. Falvey R., Foster N., Greenaway D. Intellectual Property Rights and Economic Growth. Review of Development Economics, 2006, vol. 10, no. 4, pp. 700–719.
  22. Eicher T., García-Peñalosa C. Endogenous strength of intellectual property rights: Implications for economic development and growth. European Economic Review, 2008, vol. 52, no. 2, pp. 237–258.
  23. Temerdashev Z.A., Ratner S.V., Ivanova N.E. Assessment of innovation and management decisions at the regional level, based on econometric modeling. Innovatsii, 2008, no. 9, pp. 66–69.
  24. Fischer М.М., Scherngell Т., Jansenberger Е. Patents, Patent Citations and the Geography of Knowledge Spillovers in Europe. New Directions in Regional Economic Development. Advances in Spatial Science. London, Springer Publ., 2009, pp. 331–345.
  25. Westmor B. Innovation and Growth: Considerations for Public Policy. Review of Economics and Institutions, 2013, vol. 4, no. 3, pp. 50–51.
  26. Pece A.M., Simona O.E.O., Salisteanu F. Innovation and economic growth: An empirical analysis for CEE countries. Procedia Economics and Finance, 2015, vol. 26, pp. 461–467.
  27. Federal State Statistics Service. URL: gks.ru.
  28. Federal institute of industrial property. URL: 1.fips.ru/wps/wcm/connect/content_ru/ru/regions/stat/.

Supplementary files

Supplementary Files
Action
1. JATS XML
Download

Copyright (c)



This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies