Causal links between patents and economic growth: empirical evidence from OECD countries

Öznur Özkan Yıldız; Selda Görkey

doi:10.5585/2024.26107

Autores/as

Öznur Özkan Yıldız Işık University https://orcid.org/0009-0008-3243-3579
Selda Görkey Işık University https://orcid.org/0000-0002-2760-3667

DOI:

https://doi.org/10.5585/2024.26107

Palabras clave:

solicitudes de patentes, concesiones de patentes, crecimiento económico, panel VAR, causalidad de Granger en panel VAR

Resumen

Objetivo del Estudio: Este documento investiga empíricamente la relación recíproca y la causalidad entre patentes y crecimiento económico.

Metodología/Enfoque: Utilizando el Método Generalizado de Momentos (MGM), el Modelo de Vector Autoregresivo (VAR) en panel y los marcos de Causalidad de Granger en panel VAR, el estudio se concentra en las economías de la Organización para la Cooperación y el Desarrollo Económico (OCDE), donde se lleva a cabo una alta fracción de las actividades innovadoras globales.

Originalidad/Relevancia: La relación y causalidad entre patentes y crecimiento económico se investiga y evalúa al distinguir la primera variable en aplicaciones de patentes y concesiones de patentes.

Resultados Principales: Los hallazgos del enfoque GMM panel VAR indican que las solicitudes de patentes y las concesiones afectan significativamente el crecimiento económico, mientras que las actividades económicas no influyen en las variables relacionadas con patentes. Las estimaciones del enfoque panel VAR-Granger confirman estos hallazgos al presentar una causalidad unidireccional de las solicitudes de patentes y concesiones hacia el crecimiento económico. Las funciones de respuesta al impulso (FRI) exhiben hallazgos paralelos, y verificaciones adicionales validan la estabilidad de los resultados obtenidos. Los resultados de este estudio destacan dos implicaciones cruciales. Primero, los impactos de las solicitudes de patentes y las concesiones afectan el crecimiento económico de manera similar, mientras que el impacto de las concesiones de patentes dura más. Segundo, mientras que las patentes causan una mayor actividad económica, esta última no induce actividad innovadora a través de patentes en la OCDE.

Contribuciones Teóricas/Metodológicas: Sería útil realizar análisis separados para un producto, sector o país seleccionado, incluyendo gastos en investigación y desarrollo (I&D) para diferentes períodos, grupos de países y métodos de análisis.

Contribuciones Sociales/De Gestión: Los países deben priorizar el establecimiento de un sistema de gestión de patentes eficaz que aumente el ritmo de la innovación y la implementación de políticas de incentivo para el desarrollo de productos tecnológicos de alto valor añadido.

Clasificaciones JEL: O34, O40, O50, C23

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Biografía del autor/a

Öznur Özkan Yıldız, Işık University

Öznur Özkan Yıldız completed her postgraduate education at Işık University, Department of Applied Economics. Her research areas concentrate on economic growth, innovation, research and development, and patents. She has held positions in finance in different companies and sectors. She provides freelance consulting to companies in innovation-based process improvement and executive coaching. Department of Economics, Işık University. İstanbul – Turkey

Selda Görkey, Işık University

Selda Görkey is an Associate Professor of Economics at Isik University, Istanbul, Turkey. Her research areas concentrate on economic growth and development, economics of technological change, and labor markets. She has authored many publications, including international journal articles, book chapters, and conference proceedings. Assoc. Prof. Department of Economics, Işık University / İstanbul – Turkey

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