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Intellectual property regimes, innovative capabilities, and patenting in Korea

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  • Intellectual property regimes, innovative capabilities, and patenting in Korea
  • Song, Jaeyong
  • Seoul National University(College of Business Administration)


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Title Intellectual property regimes, innovative capabilities, and patenting in Korea
Similar Titles
Material Type Articles
Author(English)

Song, Jaeyong

Publisher

[Seoul]:Seoul National University(College of Business Administration)

Date 2006
Journal Title; Vol./Issue Seoul Journal of Business:vol. 12(no. 2)
Pages 20
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < General
Holding Seoul National University

Abstract

In this paper, we empirically investigate whether and to what extent major changes in IPR contributed to subsequent upgrading of innovative capabilities and patenting in Korea. We found that major IPR changes in Korea in the 1980s led to the big increase in patenting, thereby supporting the “friendly court” hypothesis. Especially, the trend of substance patent applications by local residents seems to suggest that the IPR change in Korea encouraged local firms to focus more on developing innovative capabilities and patenting more actively. Based on the Korean experience, we offer an insight into the recent debate on the relationship between IPR and economic development in developing countries.