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Research Article Open access CC BY 4.0

Intellectual Property Rights and Innovation: Implications for Added Value Creation in Africa

Laurent Oloukoï, Modeste Senou

Journal of Economics, Management and Trade · pp. 1–8 · Published 8 Nov 2016

10.9734/BJEMT/2016/28053

Abstract

This paper analyses mainly the type of relation existing between intellectual property rights (IPR), innovation and added value in six (06) countries of Africa namely Benin, Côte d’Ivoire, Senegal, Kenya, South Africa and Tunisia. The Auto Regressive Distributed Lag (ARDL) approach is used. The main results stemming from analyses reveal, among others, that is the effect of IPR on added value and growth remainder ambiguous ; ii) The IPR encourage investment and innovation which causes added value creation ; iv) The use of innovation and the possibility to imitate the innovation constitute the source of added value creation, economic growth and development. The paper recommends at last that it is very important to direct economic policies toward IPR promotion, the development of innovations, the use and imitation of innovations.  

Intellectual property rights innovation added value economic growth development

Cited by 2

Intellectual Property Rights and Innovation in Africa

Noël Bouopda, Gael Fokam, Lionel Douanla · International journal of research and innovation in social science · 2021

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