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Topic:

Evolution of China’s Social Systems: GDP and Intellectual Property (Essay Sample)

Instructions:

This involved comparing mao's view of china with real life EXPERIENCES of people during teh early days of the communist party's rule.

source..
Content:

GDP and Intellectual Property
Name
Class
Professor
TIME \@ "MMMM d, yyyy" May 28, 2018
In 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 Set
Table 1: Patent and GDP(USD 2011 PPP) figures from 2007 to 2011
Country

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
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