China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Recent evidence suggests that automation technologies entail a trade-off between productivity gains and employment losses for the economies that adopt them. This paper casts doubts on this trade-off in the context of a developing country. It shows significant productivity and employment gains...

This paper combines insights from law and economics to create a hybrid model that examines the U-shaped relationship between the strength of a country’s IPR protections and its level of economic development over time. This hybrid model is used to analyze whether implementing different levels...

We build a stylized model that captures the relationships between cross-border patenting, globalization, and development. Our theory delivers a gravity equation for cross-border patents. To test the model's predictions, we compile a new dataset that tracks patents within and between countries...

This report is the result of a joint study by the Korea Institute of Industrial Economics and Trade (KIET) and the United Nations Industrial Development Organization (UNIDO), based on the experience of economic development in Korea and Zimbabwe. This collaboration originated from an existing...