Analysis of the impact of intellectual property on economic development in the countries of America, Asia and Europe

Abstract

​At the beginning of the new millennium, economic development in favor of improving the standard of living of the world's inhabitants continues to be a complex challenge, which has led the business environment to reinvent itself, through the generation of new knowledge, through Research and Development (R&D) activities, which have resulted in innovations that allow impact within regional, national and international markets. Within this context, technological innovation and creative activity are fundamental sources of progress and growth, and, therefore, intellectual property has become increasingly important, in that its protection has become a tool for promote the creation of knowledge and its respective international transfer. Under the previous premise, the industrial property protection figures such as trademarks, patents, utility models and industrial designs take on a substantial relevance, since they are mechanisms that ensure the protection of innovations and their economic exploitation, resulting in the development and the economic growth of the countries that in turn are favored within the economic balance. This research focuses on the development of a linear forecasting model that helps assess the direct impact that industrial protection figures have on the growth and economic development of countries such as Germany, Argentina, Brazil, China, Spain, the United States, America, France, India, Japan, adding to Mexico to compare it with international activity.