Effectiveness of Human Capital and IPRs on Economic Growth: An empirical Evidence From Low, Middle and High Income Countries

Abstract

The thesis titled "Effectiveness of human capital and intellectual property rights on economic growth: An empirical evidence from High, Middle and Low income countries" aims to investigate the relationship between human capital, intellectual property rights, and economic growth across countries with different income levels. The study will use a panel dataset covering a period of twenty years for a diverse group of countries to examine the impact of human capital and intellectual property rights on economic growth. The study will employ various statistical techniques, including regression analysis, to explore the relationship between human capital, intellectual property rights, and economic growth while controlling for other factors such as trade, infrastructure, and institutions. The findings of this study are expected to contribute to the existing literature on the role of human capital and intellectual property rights in promoting economic growth in different income level countries. Purpose: The purpose of this thesis is to investigate the relationship between human capital, intellectual property rights, and economic growth in high, middle, and low-income countries. Specifically, it aims to examine the effectiveness of human capital and intellectual property rights in promoting economic growth and to identify any potential variations in this relationship across different income levels. Design/Methodology/Approach: The thesis will employ an empirical approach using panel data analysis to investigate the relationship between human capital, intellectual property rights, and economic growth. The study will use data from World Banks World development Indicators, and will cover a period of twenty years to allow for a longitudinal analysis. The study will use econometric techniques such as fixed-effects and random-effects models to estimate the relationship between human capital, intellectual property rights, and economic growth, while controlling for other factors that may affect economic growth. Findings: The study aims to provide empirical evidence on the relationship between human capital, intellectual property rights, and economic growth in high, middle, and low-income countries. The findings will shed light on the effectiveness of these factors in promoting economic growth and will help to identify any potential differences in this relationship across different income levels. The study is expected to contribute to the existing literature by providing updated evidence on the relationship between human capital, intellectual property rights, and economic growth, particularly in the context of different income levels. Originality/Value: This thesis contributes to the existing literature by providing new empirical evidence on the relationship between human capital, intellectual property rights, and economic growth, particularly in the context of different income levels. Furthermore, the study will use data from World banks World Development Indicators and cover a period of twenty years, which will allow for a more comprehensive analysis of the relationship. The findings of this study will have important implications for policymakers in terms of promoting economic growth and development.