Article: Whether the role of technological innovation and intellectual property rights on sustainable development different in developing and developed countries? A panel data analysis Journal: International Journal of Innovation and Sustainable Development (IJISD) 2023 Vol.17 No.4 pp.472 - 493 Abstract: The study explores the relationship between innovation indicators and Intellectual Property Rights on sustainable development (SD) in 129 countries. Based on Porter's hypothesis, the study argues that properly framed IPR laws can induce innovations that may promote a nation's sustainable development. The hypothesis ascertains that stringent regulation may not hamper the innovative process but instead promote it by producing more efficient and less-pollutant products and processes. The study constructs three indexes of SD; genuine saving, ecological footprint, and pollution-sensitive Human Development Index. For innovation, the study proxies with the patent application, trademark application, and research and development expenditure (R&D). The intellectual property rights index measures the strength of IPR in a country. The individual estimation among the countries' lower-middle-income, upper-middle-income, and high-income categories establishes the significant role of R&D on SD irrespective of index and country's classification. The results, however, produce mixed evidence of the impact of other innovation variables on SD. The U-shaped relationship between IPR and SD indicates the immediate negative and long-run positive impact of IPR on SD. Inderscience Publishers - linking academia, business and industry through research

Title: Whether the role of technological innovation and intellectual property rights on sustainable development different in developing and developed countries? A panel data analysis

Authors: Sunil Kumar Ambrammal

Addresses: Department of Humanities and Social Sciences, National Institute of Technology Goa, Farmagudi, Ponda, Goa-403401, India

Abstract: The study explores the relationship between innovation indicators and Intellectual Property Rights on sustainable development (SD) in 129 countries. Based on Porter's hypothesis, the study argues that properly framed IPR laws can induce innovations that may promote a nation's sustainable development. The hypothesis ascertains that stringent regulation may not hamper the innovative process but instead promote it by producing more efficient and less-pollutant products and processes. The study constructs three indexes of SD; genuine saving, ecological footprint, and pollution-sensitive Human Development Index. For innovation, the study proxies with the patent application, trademark application, and research and development expenditure (R&D). The intellectual property rights index measures the strength of IPR in a country. The individual estimation among the countries' lower-middle-income, upper-middle-income, and high-income categories establishes the significant role of R&D on SD irrespective of index and country's classification. The results, however, produce mixed evidence of the impact of other innovation variables on SD. The U-shaped relationship between IPR and SD indicates the immediate negative and long-run positive impact of IPR on SD.

Keywords: sustainable development; technological innovation; intellectual property rights; research and development; patents and trademarks.

DOI: 10.1504/IJISD.2023.133767

International Journal of Innovation and Sustainable Development, 2023 Vol.17 No.4, pp.472 - 493

Received: 23 Dec 2020
Accepted: 22 Mar 2022
Published online: 03 Oct 2023 *

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Title: Whether the role of technological innovation and intellectual property rights on sustainable development different in developing and developed countries? A panel data analysis

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