Are the Trade Related Intellectual Property Rights the Way for Development? A Precedence Investigation between Human Development Index and Index of Patent Rights
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http://www.scirp.org/journal/PaperInformation.aspx?PaperID=47106#.VGGHyWfHRK0
The main question,
which leads this analysis, interrogates the existence of a causality relation
between the human development index and Index of Patent Rights. It was decided
to use a database whereas all units of the cross section have the same periods
of time for human development index and Index of Patent Rights. This database
covers 84 countries with the two indicators between 1975 and 2005. By the use
of the Granger test, it was found that Index of Patent Rights does not temporally
precede human development index, which indicates the veracity and,
consequently, the corroboration of the idea of Trade Related Intellectual
Property Rights should represent the interests of the richer countries’ great
corporations, and not the underdeveloped nations, as said in the statement of
World Trade Organization.
KEYWORDS
Cite this paper
Ganzert, C. , Selan, B. and Terra, L. (2014) Are
the Trade Related Intellectual Property Rights the Way for
Development? A Precedence Investigation between Human Development Index
and Index of Patent Rights. Modern Economy, 5, 751-760. doi: 10.4236/me.2014.57069.
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