Abstract:-
Utilizing a novel cross-country dataset on patent filings and incorporating the heterogeneity in trade agreements and IP treaties between country pairs, we endeavour to explore the factors that account for rising trend of non-resident patenting in BRICS. We analyse patent flows from a group of advanced countries (mainly OECDs) designated as origin/source countries to BRICS categorized as destination/target countries. The regressors comprise a set of bilateral and unilateral variables such as trade agreements between country pairs, their joint membership in patent treaties, export flows and knowledge capital of origin countries, imitation and strength of IPRs in destination countries. The main results indicate that BRICS have risen as a destination of non-resident patenting activity. Knowledge capital and export flows of the origin seem to have stimulated non-resident patent filing in the destination. Moreover, the imitative capability of the destination has a profound impact on non-resident patent filings.