The moderating role of IPR on the relationship between country-level R&D and individual-level entrepreneurial performance

Using recent data drawn from the European Working Conditions Survey for 32 European countries, we explore the relationship between country-level expenditures on R&D, Intellectual Property Rights (IPR), and individual-level entrepreneurial performance as measured by earnings. Our results show tha...

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Detalhes bibliográficos
Autores: Stel, André van, Lyalkov, Serhiy, Millán Tapia, Ana María, Millán, José María
Formato: artículo
Fecha de publicación:2019
País:España
Recursos:Universidad Pablo de Olavide (UPO)
Repositorio:RIO. Repositorio Institucional Olavide
Idioma:inglés
OAI Identifier:oai:rio.upo.es:10433/22159
Acesso em linha:https://hdl.handle.net/10433/22159
Access Level:acceso abierto
Palavra-chave:Expenditure on R&D
Intellectual property rights
Entrepreneurship
Self-employment
Earnings
European Working Conditions Survey
Descrição
Resumo:Using recent data drawn from the European Working Conditions Survey for 32 European countries, we explore the relationship between country-level expenditures on R&D, Intellectual Property Rights (IPR), and individual-level entrepreneurial performance as measured by earnings. Our results show that both R&D expenditures and IPR are positively associated with earnings (and hence the quality) of individual entrepreneurs. However, we also find an intriguing moderation effect in the sense that IPR reduces the positive relationship between country R&D and entrepreneurial earnings. This suggests that too strict IPR legislation may hamper the diffusion of knowledge created by R&D. Hence, governments need to carefully consider the level of IPR they want to install, especially in countries with high R&D expenditures.