| Budget Amount *help |
¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000)
Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2012: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2011: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Research Abstract |
What are the macroeconomic consequences of legal protection for intellectual properties? In the case where private firms voluntarily invest in private defense of their invented intellectual properties against imitation activities in developing countries, a strengthening of legal protection of intellectual properties in a developing country may reduce the speed of innovation and the rate of economic growth in the developed economy. Specifically, there is an inverted U-shaped relationship between the legal protection and the rate of innovation, which is consistent with recent empirical evidence.
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