Globalization has let into the emergence of the called new/digital economy which assimilates in a great degree IPRs. To that extent, in a knowledge-driven economy, the successful protection of IPR is emerging as a crucial ingredient of commercial triumph. Intellectual Property Rights (IPRs) are the intangible capital forming FDI that has significantly changed the landscape of the global economy. Thus, IPRs protection is a vital means in attracting FDI inflows contributing to the growth of a country. Which is the role of IPRs in attracting FDI, GDP growth and Trade? The current work via a quantitative analysis of IPRs laws of 79 countries and an econometric analysis provides an answer. The present work is useful to Lawyers, Economists, Researchers and College Students.
IPRs protection and their impact upon FDI, GDP growth & Trade
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