Intellectual Property Use and Firm Performance: the Case of Chile
Christian Helmers, Carsten Fink, and Bronwyn Hall
We analyze the use of intellectual property (IP) by firms in Chile over the decade 1995-2005 as this middle-income country experienced rapid economic growth. Using firm-level information from the manufacturing census merged with firms’ patent and trademark filings with the Chilean IP office, we look at how IP use by companies has changed over time and analyze the determinants of and outcomes from their use, in particular first-time use. We find that firm growth prompts first-time use of IP, though such use does not change the growth trajectory of firms nor does it improve their total factor productivity.