Indexed on: 14 Mar '12Published on: 14 Mar '12Published in: European Journal of Law and Economics
The study analyses the relationship between the development of registered intellectual property and economic development in Germany. It shows a differing evidence for specific categories of intellectual property, indicating that not all intellectual property rights show a significant impact on the German Gross Domestic Product. Positive impacts have the stocks of patents, trademarks and designs. Applications for utility models surprisingly have a negative impact, what challenges developments of the economic theory. The empirical results delight also the specific structure of the technological and innovation system in the German economy, showing a national intellectual property profile with three key factors: product differentiation, complex technologies and design development.