Intellectual property rights and Korean economic development: the roles of patents, utility models and trademarks

Kang, Raeyoon; Jung, Taejin; Lee, Keun

doi:10.1080/23792949.2019.1585889

Cited by 11 publications

(14 citation statements)

References 29 publications

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“…However, the number of patents and utility models did not significantly increase. Until the 1970s, trademarks and designs were more prevalent than patents and utility models (Kang et al ., 2020a,b). Only since the 1980s have chaebols, big businesses in Korea, placed emphasis on their own in‐house R&D. The government initiated a series of national R&D projects in 1982, including a series of joint private–public R&D consortiums (OECD, 1996).…”

Section: Diverse Intellectual Property Right Forms and Their Role In ...mentioning

confidence: 99%

“…While Thoma (2020) finds a mutually reinforcing effect, Llerena and Millot (2020) find that such effects vary across sectors. In the context of emerging economies, Lee (2019) and Kang et al (2020aKang et al ( , 2020b observe two different paths of technological development in developing economies: patent-driven 2 Patents protect innovations of relatively high inventiveness, whereas utility models protect innovations of limited inventiveness. Utility models thus offer second-tier protection for minor inventions that embody practical or functional advantages over existing inventions (Lee, 2019;Ch.…”

Section: Introductionmentioning

confidence: 99%

“…In the context of emerging economies, Lee (2019) and Kang et al . (2020a, 2020b) observe two different paths of technological development in developing economies: patent‐driven versus trademark‐driven. In addition, some sectors rely more on trademarks than patents as their IPR instruments.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

How Industrial Design Matters for Firm Growth at Different Stages of Development: Evidence from Korea, 1970s to 2010s

Lee

Kang

Park

2022

Asian Economic Journal

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The traditional literature on the role of intellectual property rights (IPR) in innovation highlights the strength of IPR protection in the context of the tradeoff between innovation and diffusion. More recent literature analyzes the role of diverse forms of IPR in promoting innovation and growth and delves into not only regular patents but also utility models (or petite patents) and trademarks. Using firm‐level IPR (patents, designs and trademarks) data from Korea, we further extend this new strand of literature to explore the role of designs at different stages of development. The data spans five decades and can be divided into three subperiods that represent different stages of economic development. We find that design‐intensive sectors tend to be more export oriented. Further, firms’ sales growth is significantly associated with the design intensity of firms. Such association is found only during the later stages of economic development in Korea. Taken together with earlier studies, our findings imply that different forms of IPR, in particular designs, matter differently for innovation and firm performance at different stages of development. Designs are not that important in the early stages of development when economic growth relies on the mass production of low‐cost goods by low‐wage workers. The importance of design rises with economic development at later stages when product differentiation becomes critical. A unique and smart appearance increases value in the eye of the customer value and, thus, could help firms’ sales performance.

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Section: Diverse Intellectual Property Right Forms and Their Role In ...mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

How Industrial Design Matters for Firm Growth at Different Stages of Development: Evidence from Korea, 1970s to 2010s

Lee

Kang

Park

2022

Asian Economic Journal

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“…While patents are an indicator for inventive activities, trademarks are an effort to enhance quality and reputation in product markets. Since the 1960s, the change in the application patterns of intellectual property (regular, utility model and trademark), when considering the sectoral differences, reveals the 1990s as the transition period for the Korean catch-up model from imitative to innovation-based technologies (Kang et al, 2019).…”

Section: Building Innovation Capabilitiesmentioning

confidence: 99%

Creating your own path to move beyond the middle- income trap: lessons from Korea

Feitosa

2021

Blucher Engineering Proceedings

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A experiência de desenvolvimento observada na Coréia tem sido um símbolo de catch-up bemsucedido por várias décadas. Esse processo permitiu sua transição ascendente do status de renda média para a alta e tem chamado a atenção de muitas correntes de estudiosos. Mais recentemente, pesquisas emergentes têm melhorado a nossa compreensão dessa experiência e suas implicações políticas nos países em desenvolvimento (Lee, 2013;2019). Este artigo propõe uma revisão do que esta literatura tem a dizer sobre os mecanismos por trás do caminho bem-sucedido seguido pela Coréia e uma discussão de lições para superar a armadilha da renda média. Argumenta-se que os países retardatários não se limitam a seguir o caminho do desenvolvimento tecnológico dos avançados e que são possíveis caminhos alternativos. A principal implicação de política para os retardatários é que um catch-up bem-sucedido é possível, mas difícil de alcançar, porque requer detours e leapfrog para as novas tecnologias.

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“…While patents are an indicator for inventive activities, trademarks are an effort to enhance quality and reputation in product markets. Since the 1960s, the change in the application patterns of intel-lectual property (regular, utility model and trademark), when considering the sectoral differences, reveals the 1990s as the transition period for the Korean catch-up model from imitative to innovation-based technologies (Kang et al, 2019).…”

Section: Building Innovation Capabilitiesmentioning

confidence: 99%

Creating your own path to move beyond the middle-income trap: lessons from Korea

Feitosa

2020

Nova econ.

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The development experience observed in Korea has been a symbol of successful catch-up for several decades. This process allowed its upward transition from middle income to high-income status and has drawn the attention of many streams of scholars. More recently, emergent research has improved our understanding of this experience and its policy implications for developing countries (Lee, 2013; 2016; 2019). This paper proposes a review of what this literature has to say about the mechanisms behind the successful path followed by Korea and a discussion of lessons to overcome the middle-income trap. It is argued that latecomers do not limit themselves to follow the path of technological development of the advanced countries and that alternative paths are possible. The main policy implication for latecomers is that a successful catch-up is possible yet difficult to achieve because it requires taking detours and leapfroging into new technologies.

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Intellectual property rights and Korean economic development: the roles of patents, utility models and trademarks

Cited by 11 publications

References 29 publications

How Industrial Design Matters for Firm Growth at Different Stages of Development: Evidence from Korea, 1970s to 2010s

How Industrial Design Matters for Firm Growth at Different Stages of Development: Evidence from Korea, 1970s to 2010s

Creating your own path to move beyond the middle- income trap: lessons from Korea

Creating your own path to move beyond the middle-income trap: lessons from Korea

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