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Machine Tool Industry, Intellectual Property, and Gross Domestic Product

Received: 17 June 2014     Accepted: 23 July 2014     Published: 30 July 2014
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Abstract

The article presents the investigation results on the relationship between machine tool industry, intellectual property and gross domestic product. In this paper, we considered data from developed countries, BRIC countries, South Korea and Malaysia. It is concluded that the machine tool industry along with the intellectual property is a clear indicator of economic development. For economic growth and enlargement of the gross domestic product, it is important to develop industry and machine tool construction. For Russia's transition to an innovative way, it is necessary to develop the industrial production.

Published in Journal of World Economic Research (Volume 3, Issue 3)
DOI 10.11648/j.jwer.20140303.11
Page(s) 21-24
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Machine Tool Industry, Intellectual Property, Gross Domestic Product, Innovative Development

References
[1] Fagerberg, J., Feldman, M., Srholec, M., (2011) “Technological Dynamics and Social Capability: Comparing US States and European Nations”. Paper no. 2011/11. Centre for Innovation, Research and Competence in the Learning Economy (CIRCLE), Lund University PO.
[2] Crescenzi, R., Rodríguez-Pose, A., Storper, M., (2007) “The territorial dynamics of innovation: a Europe-United States comparative analysis”. Journal of Economic Geography, 7 (6), 673-709.
[3] The Global Innovation Index: Stronger Innovation Linkages for Global Growth, (2012). Soumitra Dutta, INSEAD – Editor WIPO.
[4] Romer, P.M., (1990) “Endogenous Technological Change”. Journal of Political Economy, 98, 71-102.
[5] Aghion, P., & Howitt, P., (1992) “A Model of Growth through Creative Destruction”. Econometrica, 60, 323-351.
[6] Heller, P.S., Porter, R. C., (1978) “Export and growth. An empirical re-investigation”. Journal of Development Economics, 5, 191-193.
[7] Perepechko, L.N., (2014) “Intellectual Property as an Indicator of National Economic Growth”, International Journal of Economic Theory and Application, 1(1), 1-8.
[8] Arnold, Heinrich, (2001) “The recent history of the machine tool industry and the effects of technological change”. 2001-14. University of Munich, Institute for Innovation Research and Technology Management.
Cite This Article
  • APA Style

    Lyudmila Perepechko. (2014). Machine Tool Industry, Intellectual Property, and Gross Domestic Product. Journal of World Economic Research, 3(3), 21-24. https://doi.org/10.11648/j.jwer.20140303.11

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    ACS Style

    Lyudmila Perepechko. Machine Tool Industry, Intellectual Property, and Gross Domestic Product. J. World Econ. Res. 2014, 3(3), 21-24. doi: 10.11648/j.jwer.20140303.11

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    AMA Style

    Lyudmila Perepechko. Machine Tool Industry, Intellectual Property, and Gross Domestic Product. J World Econ Res. 2014;3(3):21-24. doi: 10.11648/j.jwer.20140303.11

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  • @article{10.11648/j.jwer.20140303.11,
      author = {Lyudmila Perepechko},
      title = {Machine Tool Industry, Intellectual Property, and Gross Domestic Product},
      journal = {Journal of World Economic Research},
      volume = {3},
      number = {3},
      pages = {21-24},
      doi = {10.11648/j.jwer.20140303.11},
      url = {https://doi.org/10.11648/j.jwer.20140303.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20140303.11},
      abstract = {The article presents the investigation results on the relationship between machine tool industry, intellectual property and gross domestic product. In this paper, we considered data from developed countries, BRIC countries, South Korea and Malaysia. It is concluded that the machine tool industry along with the intellectual property is a clear indicator of economic development. For economic growth and enlargement of the gross domestic product, it is important to develop industry and machine tool construction. For Russia's transition to an innovative way, it is necessary to develop the industrial production.},
     year = {2014}
    }
    

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  • TY  - JOUR
    T1  - Machine Tool Industry, Intellectual Property, and Gross Domestic Product
    AU  - Lyudmila Perepechko
    Y1  - 2014/07/30
    PY  - 2014
    N1  - https://doi.org/10.11648/j.jwer.20140303.11
    DO  - 10.11648/j.jwer.20140303.11
    T2  - Journal of World Economic Research
    JF  - Journal of World Economic Research
    JO  - Journal of World Economic Research
    SP  - 21
    EP  - 24
    PB  - Science Publishing Group
    SN  - 2328-7748
    UR  - https://doi.org/10.11648/j.jwer.20140303.11
    AB  - The article presents the investigation results on the relationship between machine tool industry, intellectual property and gross domestic product. In this paper, we considered data from developed countries, BRIC countries, South Korea and Malaysia. It is concluded that the machine tool industry along with the intellectual property is a clear indicator of economic development. For economic growth and enlargement of the gross domestic product, it is important to develop industry and machine tool construction. For Russia's transition to an innovative way, it is necessary to develop the industrial production.
    VL  - 3
    IS  - 3
    ER  - 

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Author Information
  • Institute of Thermophysics SB RAS, Head of Innovation Department, Lavrentiev av., 1, Novosibirsk, 630090, Russia

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