Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5097458 | Journal of Econometrics | 2007 | 15 Pages |
Abstract
Patenting rose sharply during the British Industrial Revolution. Utilizing time series methods, we investigate the causal relationships between 16 industries and patented inventions. The results show that increased patenting was essentially a consequence of fast growth in the cotton, iron, and mining sectors, which increased the value of protecting intellectual property. Conversely, protecting intellectual property was not a cause of the Industrial Revolution.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
David Greasley, Les Oxley,