Abstract
The present article examines the impact of intellectual property (IP) utilization and concentration on economic growth in Mexico. The findings presented center on the use of different forms of IP by researchers in the National System of Researchers (SNI in Spanish) of Mexico. We focus especially on the externalities associated with the use of IP by researchers, as well as on understanding how knowledge about, and utilization of IP relates to economic growth, as measured by gross domestic product (GDP). The results of our analyses indicate that in the context of the Mexican SNI, the utilization of certain forms of IP, specifically patents and industrial designs, had a positive impact on economic growth, while the use of utility models was negatively linked to drivers of growth. Policies based on these results could seek to foster awareness and utilization of particular forms of IP by SNI researchers, which in turn could result in greater economic growth in Mexico.
Highlights
Many recent studies have focused on the role that intellectual property (IP) plays in economic growth in different countries
The present analysis focused on measuring the magnitude of the impact of the relationship between different forms of IP obtained by SNI researchers and economic growth in Mexico
Utility models, and industrial designs alike, we found a strong correlation between the number of applications filed and membership of Mexican research institutions registered by CONACYT (Table 2)
Summary
Many recent studies have focused on the role that intellectual property (IP) plays in economic growth in different countries. Boldrin and Levine [1] trace the influence of IP on wealth generation to factors including globalization, which has facilitated the development of more complex and specialized products and services more quickly. Other dynamics that have been identified as relevant include the increased mechanization of production processes, as well as the importance of creative and innovative activity in generating value-added products. These factors have contributed to economic growth in many countries, frequently intertwining with increasing rates of IP utilization beginning especially in the 1980s. Regardless of the origins of this trend, IP has become increasingly relevant worldwide, for instance as the result of activities spearheaded by entities such as the World Intellectual Property Organization (WIPO), and obligations under multilateral treaties such as the Agreement on Trade-Related Aspects of Intellectual Property (TRIPS) of the World Trade Organization [3]
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