Research On The Mechanism Of Intellectual Property Right And Economic Growth—New Enlightenment Of Crossing "Middle Income Trap"

In the modern market economy system,intellectual property protection has become an important measure of economic growth in a country.In the early stage of economic development,Emerging market countries in Latin America regions and other regions gain economic growth by weak intellectual property protection whichs stimulate technology spillovers.However,with the gradual development of the technical level,economic growth whichs based on the advantages of labor force and imitation innovation finally decline.And the long-term weak protection of intellectual property rights has led to the lack of independent innovation ability,so emerging market countries will inevitably fall into the" "middle-income trap".While countries in East Asia overcome the "middle-income trap" and achieve sustained economic growth by intellectual property rights protection system which stimulates independent innovation.From the experience of Latin America and East Asia,we know that the problem of falling into "middle-income trap" is actually the problem of the absence of economic growth power.Then,base on the views of Woo et al(2015),we attempt to analyse the relationship between effect of intellectual property rights and economic growth,and to find a new impetus for economic growth,so as to provide some inspiration for the crossing the middle income trap.We try to answer the following three questions:1.How intellectual property protection effects innovation and economic growth in middle-income countries?2.How intellectual property protection effects innovation and economic growth in high income-countries?3.Whether the middle-income countries(or high-income countries)can gain sustained economic growth after improving the level of innovation?In the second chapter,we first review the theoretical literature on the research of the "middle income trap",and summarize the different research perspectives on the "middle-income trap".Then,we review and summarize the theoretical literature on the relationship between independent innovation,intellectual property protection and economic growth.In the third chapter,we summarize the development process of innovation,the protection of intellectual property and the development of economic growth in the two areas through the way of constructing the data map by taking some countries from Latin America and East Asia as representatives of the "middle-income trap" group and crossed the"middle income trap" group and by using GP index,ECI index and per-capita-international-yuan to measure the level of protection of intellectual property rights,innovation and per capita income.We conclude that 1.The Latin American region which developed earily and experienced an upward growth in the past century find it hard to reach the high income stage due to the slow growth rate;2.Through 40 years of catch-up growth,the east Asian economies exceed The Latin American region and reach the stage of high-income countries.3.The level of protection of intellectual property rights in the two areas is on the rise,but the rise in East Asia is more uniform;4.The level of innovation in the Latin American region has always been in a state of stagnation,while the level of innovation in East Asia experienced a "U" development trend.However,we can't know the correlation between the innovation and economic growth through the way of constructing the data map.So,based on the theory of the effect of intellectual property rights of Woo et al(2015)and the model of Branstetter et al(2007)and Gustafsson et al(2010),we reconstruct a North-South-trade equilibrium model to study the institutional effect and innovation effect of the protection of intellectual property rights in two areas.And we find:1.The institutional effect is weak and the innovation effect is stronger in high income countries;2.The institutional effect is strong and the innovation effect is weak in middle income countries;3.The relationship of intellectual property protection and innovation in the middle income region is nonlinear,and the relationship between the two in high income region is positive but marginal diminishing.In order to test the proposition from the fourth chapter,we first collect the panel data of some countries to make an empirical analysis in the fifh chapter and find that:1.The institutional effect is strong and the innovation effect is weak in middle income countries;2.The institutional effect is weak and the innovation effect is stronger in high income countries;3.The relationship of intellectual property protection and innovation in the middle income region is nonlinear while the relationship between the two in high income region is positive only.In the fifth chapter,We also recreate a new intellectual property rights coefficient,which is divided into intensity of legislative strength,justice and law enforcement to measure the level of China's intellectual property protection.Based on the conclusions above,we puts forward some systematic policy recommendations in the sixth chapter:1.To keep a moderate development of the intellectual property protection and to build an appropriate intellectual property protection system in our country;2.We should promote the improvement of innovation reasonablely and to avoid missing the best time of economic transition,we should not act with undue haste.3.We should treat other related factors that promote economic growth Correctly and ensure that these factors are maintained at a reasonable level.4.In order to measure the level of intellectual property protection in China's regional or industry precisely,we should build a all-round regional or industrial micro database.