Theoretical and Applied Economics
No. 1 / 2020 (622), Spring
Intellectual property rights, human capital and types of entrepreneurship in emerging and developing countries
Faculty of Economics and Management, University of Sfax, Tunisia
Abstract. This study examines the single and combined effects of intellectual property rights (IPR) and human capital on the types of entrepreneurship in emerging and developing countries. For this purpose, we use the Global Entrepreneurship Monitor data for the entrepreneurial activity, while IPR are assessed based on the IPR index of World Economic Forum and human capital is measured by the gross enrollment ratio for secondary school. Linear regressions are applied on data for 15 countries during the period 2009-2013. Findings show that improvement of intellectual property rights has no influence on opportunity driven entrepreneurship and affects negatively necessity driven entrepreneurship. Furthermore, the improvement of the education level allows to increase opportunity driven entrepreneurship in emerging and developing countries. However, it does not allow to increase necessity entrepreneurship. Moreover, countries with higher human capital level benefit from the enhancement of the IPR system more than countries with lower human capital. In summary, our study recognizes the complementary role of intellectual property rights and human capital in increasing high quality entrepreneurship. We conclude that both intellectual property rights and human capital are effective tools of industrial policy in emerging and developing countries.
Contents
An approach to the use of cryptocurrencies in Romania using data mining technique
Intellectual property rights, human capital and types of entrepreneurship in emerging and developing countries
Trade relation between India and other BRICS countries: A multidimensional approach using Gravity Model and Granger Causality
Do the macroeconomic indicators influence foreign direct investment inflow? Evidence from India
Conceptual dimensions regarding the financial contagion and the correlation with the stock market in Romania
An analysis of poverty among the informal workers of India
Financial stress index, growth and price stability in India: Some recent evidence
Testing Wagner’s Law for sub-Saharan Africa: A panel cointegration and causality approach
A review of international Fisher’s effect focusing on inflation in Indian context for corporate decisions
Factors that influence wages differences in formal sector on male and female workers in Palembang City
Optimal Taylor rule in the new era central banking perspective
The analysis of the quarterly evolution of the gross domestic product in 2019
The analysis of the international trade of Romania
The Romanian population’s perceptions regarding income inequalities and discrimination