Foreign patent rights and high-tech exports: evidence from Taiwan
Year: 2005
Type: article
Abstract: This paper conducts a consecutive pooled data analysis from 1989 to 2000 to investigate the relationship between foreign patent rights (FPRs) and the exports of three high-tech industries in Taiwan: the semiconductor, the information and the communication equipment industries. Following Smith's model setup, empirical results indicate that both market expansion and market power effects do exist in Taiwan's case. In addition, this paper proposes a new hypothesis in which the importing country may exhibit a stronger R&D ability than the exporting country, a case that has not been considered in earlier empirical work. Finally, a test is made to determine if a TRIPS (Trade-related Intellectual Property Rights) agreement has any impact on the FPRs–exports relationship, and no evidence is found of a structural change after the implementation of TRIPS.
Source: Applied Economics
Authors: Wen-Hsien Liu *, Ya-Chi Lin
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2018723509