Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth

The input, application, and transformation of intellectual property can significantly promote the economic development of a region, but the path and operation mechanism of intellectual property management on regional economic growth are not very clear. System dynamics theory was used to analyze the...

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Main Authors: Xiran Yang, Yong Qi
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/12/18/9011
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author Xiran Yang
Yong Qi
author_facet Xiran Yang
Yong Qi
author_sort Xiran Yang
collection DOAJ
description The input, application, and transformation of intellectual property can significantly promote the economic development of a region, but the path and operation mechanism of intellectual property management on regional economic growth are not very clear. System dynamics theory was used to analyze the driving force and resistance of intellectual property management from macro to micro. With the help of system dynamics theory, equations were constructed to simulate the process path and force from intellectual property management to regional economic growth, and sensitivity analysis was used to find sensitive influencing factors in the system. The following conclusions were drawn: (1) intellectual property affects regional economic growth from the macro level, such as intellectual property investment, policies, and the construction of rules and regulations; (2) enterprises, whether in the industry, universities and research institutes, or in this system, are the main body to create innovative benefits and ultimately promote regional economic growth; (3) the continuous investment of intellectual property resources and the driving force of enterprise innovation are all sensitive factors of this system. The government should give full play to its functions and strengthen the management of intellectual property in order to enable the regional economy to obtain high quality development. Through the study of the cooperation between the subjects in the process of intellectual property management activities, the integration and allocation process of factors and resources has been researched, and revealing the action process and dynamic change process of technological innovation activities on economic growth also have been revealed.
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spelling doaj.art-e56cbb09bd2d4a4dab00f37d898659852023-11-23T14:51:38ZengMDPI AGApplied Sciences2076-34172022-09-011218901110.3390/app12189011Simulation of Intellectual Property Management on Evolution Driving of Regional Economic GrowthXiran Yang0Yong Qi1School of Intellectual Property, Nanjing University of Science & Technology, Nanjing 210094, ChinaSchool of Intellectual Property, Nanjing University of Science & Technology, Nanjing 210094, ChinaThe input, application, and transformation of intellectual property can significantly promote the economic development of a region, but the path and operation mechanism of intellectual property management on regional economic growth are not very clear. System dynamics theory was used to analyze the driving force and resistance of intellectual property management from macro to micro. With the help of system dynamics theory, equations were constructed to simulate the process path and force from intellectual property management to regional economic growth, and sensitivity analysis was used to find sensitive influencing factors in the system. The following conclusions were drawn: (1) intellectual property affects regional economic growth from the macro level, such as intellectual property investment, policies, and the construction of rules and regulations; (2) enterprises, whether in the industry, universities and research institutes, or in this system, are the main body to create innovative benefits and ultimately promote regional economic growth; (3) the continuous investment of intellectual property resources and the driving force of enterprise innovation are all sensitive factors of this system. The government should give full play to its functions and strengthen the management of intellectual property in order to enable the regional economy to obtain high quality development. Through the study of the cooperation between the subjects in the process of intellectual property management activities, the integration and allocation process of factors and resources has been researched, and revealing the action process and dynamic change process of technological innovation activities on economic growth also have been revealed.https://www.mdpi.com/2076-3417/12/18/9011system dynamicsintellectual property managementregional economic growth
spellingShingle Xiran Yang
Yong Qi
Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth
Applied Sciences
system dynamics
intellectual property management
regional economic growth
title Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth
title_full Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth
title_fullStr Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth
title_full_unstemmed Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth
title_short Simulation of Intellectual Property Management on Evolution Driving of Regional Economic Growth
title_sort simulation of intellectual property management on evolution driving of regional economic growth
topic system dynamics
intellectual property management
regional economic growth
url https://www.mdpi.com/2076-3417/12/18/9011
work_keys_str_mv AT xiranyang simulationofintellectualpropertymanagementonevolutiondrivingofregionaleconomicgrowth
AT yongqi simulationofintellectualpropertymanagementonevolutiondrivingofregionaleconomicgrowth