Does regulation drive international research cooperation? Evidence from the pharmaceutical sector

Anna Rita Bennato, Laura Magazzini

Research output: Contribution to journalArticlepeer-review

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Abstract

To what extent is an increased stringency of the Intellectual Property Rights (IPR) system apt to stimulate research cooperation between developed and emerging economies? To address this question, we empirically investigate how international joint research projects in the pharmaceutical sector are affected by the regime of IPR in force in the two countries involved in the collaboration. Looking at the joint signature of both patent documents and scientific articles by researchers located in developed and emerging markets, our investigation indicates two opposite effects: joint publications are fostered by stricter IPR rules, whereas joint patents are discouraged. A recently proposed theory provides a plausible rationale for this apparently contradicting result.
Original languageEnglish
Pages (from-to)1200-1223
Number of pages24
JournalThe World Economy
Volume42
Issue number4
Early online date20 Oct 2018
DOIs
Publication statusPublished - Apr 2019

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