Relation Between GDP And Number Of Patents Research Assignment - 275 Words

Relation Between GDP And Number Of Patents Research Assignment (Research Proposal Sample) Content: GDP and Intellectual PropertyNameClassProfessorTIME \@ "MMMM d, yyyy" May 28, 2018In economies worldwide, there is a link between the number of innovations and the total economic growth indicated by the GDP figures. One measure of innovation is the number of patents from any given country. An interrelation between the GDP figures and the number of patents can show this link clearly. Patents are also meant to protect innovators, which is one of the reasons why patent data is widely and readily available. The number of patents quantifies the innovation, and their numbers can be used for analysis.The data for this analysis has been sourced from the website for the World Intellectual Property Organization (WIPO), which collates this information over the years. It is the most comprehensive repository of data intellectual property data from around the world. The dataset created lists the number of patents filed every year as well as the GDP figures for seventeen countries. The list of countries has been generated as a mix of developing as well as developed nations. Validated data is only available for the period of ten years from 2007 to 2016 ("Statistical Country Profiles" 2018). The countries covered are Albania, Argentina. Australia, Bahrain, Bangladesh, Brazil, Bulgaria, Canada, Chile, China, Czech Republic, Nepal, New Zealand, Poland, Romania, Russian Federation and South Africa.Some discrepancies in the number of patents and GDP numbers are expected, and this primarily occurs because not all innovation in a country may be patented. The gross domestic product figures that have been used are on Purchasing Power Parity, rather than absolute figures. They have been locked down to the value of the US dollar as of 2011. Analyzing the number of patents of each of these countries over the past decade will allow for understanding the link between the GDP growth and the innovation.Data SetTable 1: Patent and GDP(USD 2011 PPP) figures from 2007 to 2011Coun try Year Patents GDP (Bn. USD at 2011 PPP) Country Year Patents GDP (Bn. USD at 2011 PPP) Albania 2007 25 Chile 2007 616 306.29 2008 26.98 2008 768 317.1 2009 28 2009 505 312.14 2010 28.92 2010 547 330.39 2011 4 30 2011 678 350.58 2012 30.08 2012 784 369.22 2013 30 2013 805 384.16 2014 18 30.96 2014 998 391.49 2015 21 32 2015 851 400.31 2016 53 32.86 2016 941 406.67 Argentina 2007 1,248 715.5 China 2007 161,308 9,601.15 2008 1,112 744.52 2008 204,268 10,528.08 2009 952 700.46 2009 241,434 11,517.70 2010 869 771.38 2010 308,326 12,742.74 2011 1,027 817.7 2011 436,170 13,957.94 2012 1,079 809.3 2012 561,408 15,054.51 2013 922 828.77 2013 734,096 16,222.39 2014 791 807.95 2014 837,817 17,406.24 2015 889 829.34 2015 1,010,615 18,607.31 2016 1,143 810.28 2016 1,257,439 19,854.00 Australia 2007 11,992 846.64 Czech Republic 2007 1,402 296.38 2008 12,152 877.94 2008 1,522 304.41 2009 10,656 893.85 2009 1,637 289.67 2010 11,559 911.78 2010 1,907 296.32 2011 11,536 933.42 2011 1,812 302.26 2012 11,719 967.34 2012 1,886 299.84 2013 12,515 992.2 2013 2,140 298.39 2014 11,903 1,018.09 2014 2,180 306.49 2015 11,239 1,042.74 2015 2,366 320.4 2016 11,735 1,071.58 2016 2,152 328.17 Bahrain 2007 44.88 Nepal 2007 46.16 2008 47.68 2008 48.98 2009 48.89 2009 51.2 2010 51.01 2010 53.67 2011 21 52.02 2011 11 55.5 2012 55 53.96 2012 9 58.16 2013 19 56.89 2013 21 60.56 2014 21 59.36 2014 12 64.19 2015 41 61.06 2015 24 65.93 2016 33 2016 11 66.3 Bangladesh 2007 30 316.12 New Zealand 2007 3,497 140.2 2008 60 335.14 2008 2,683 138.63 2009 56 352.04 2009 2,996 138.21 2010 69 371.66 2010 3,223 140.32 2011 41 395.68 2011 3,061 143.51 2012 71 421.49 2012 2,894 146.73 2013 84 446.84 2013 3,450 150.33 2014 59 473.92 2014 3,429 155.44 2015 117 504.97 2015 3,287 159.22 2016 149 540.89 2016 3,069 165.51 Brazil 2007 5,393 2,535.12 Poland 2007 2,854 745.76 2008 5,521 2,664.27 2008 3,100 777.46 2009 5,420 2,660.92 2009 3,551 799.38 2010 5,735 2,861.24 2010 4,063 828.22 2011 6,359 2,974.96 2011 4,901 869.76 2012 6,603 3,032.11 2012 6,043 883.74 2013 6,848 3,123.22 2013 6,031 896.03 2014 6,712 3,138.96 2014 6,171 925.44 2015 6,570 3,020.64 2015 7,010 961.02 2016 7,223