Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.

Based on the Temporal Exponential Random Graph Models (TERGM), this paper applies global intellectual property trade data between countries to investigate the impact and mechanism of institutional distance on the intellectual property trade network. The study finds that the smaller the institutional...

Full description

Saved in:
Bibliographic Details
Main Authors: Yida Wang, Jiangjiao Wang
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2025-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0309009
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1825206807104061440
author Yida Wang
Jiangjiao Wang
author_facet Yida Wang
Jiangjiao Wang
author_sort Yida Wang
collection DOAJ
description Based on the Temporal Exponential Random Graph Models (TERGM), this paper applies global intellectual property trade data between countries to investigate the impact and mechanism of institutional distance on the intellectual property trade network. The study finds that the smaller the institutional distance between countries, the more conducive it is to build an intellectual property trade network. This conclusion remains valid after controlling for geographical adjacency, use of a common language, existence of colonial relationships, and characteristics of the intellectual property trade network. Moreover, through regression by year, it is found that this impact increases year by year. Further, after regressing on sub-indicators of institutional distance, it is found that the smaller the distance in political stability, government efficiency, and regulatory quality, the greater the probability of generating an intellectual property trade relationship. Mechanism analysis reveals that economies with smaller institutional distances are more likely to sign trade agreements, thereby generating trade relationships and promoting the establishment of intellectual property trade networks. In order to deeply participate in the intellectual property trade network, countries should actively align with international institutional norms and sign bilateral or multilateral trade agreements with countries with similar institutional levels to enhance the production level and export of intellectual property.
format Article
id doaj-art-9abc4ef970524e93bdebe32e14607c28
institution Kabale University
issn 1932-6203
language English
publishDate 2025-01-01
publisher Public Library of Science (PLoS)
record_format Article
series PLoS ONE
spelling doaj-art-9abc4ef970524e93bdebe32e14607c282025-02-07T05:30:56ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01202e030900910.1371/journal.pone.0309009Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.Yida WangJiangjiao WangBased on the Temporal Exponential Random Graph Models (TERGM), this paper applies global intellectual property trade data between countries to investigate the impact and mechanism of institutional distance on the intellectual property trade network. The study finds that the smaller the institutional distance between countries, the more conducive it is to build an intellectual property trade network. This conclusion remains valid after controlling for geographical adjacency, use of a common language, existence of colonial relationships, and characteristics of the intellectual property trade network. Moreover, through regression by year, it is found that this impact increases year by year. Further, after regressing on sub-indicators of institutional distance, it is found that the smaller the distance in political stability, government efficiency, and regulatory quality, the greater the probability of generating an intellectual property trade relationship. Mechanism analysis reveals that economies with smaller institutional distances are more likely to sign trade agreements, thereby generating trade relationships and promoting the establishment of intellectual property trade networks. In order to deeply participate in the intellectual property trade network, countries should actively align with international institutional norms and sign bilateral or multilateral trade agreements with countries with similar institutional levels to enhance the production level and export of intellectual property.https://doi.org/10.1371/journal.pone.0309009
spellingShingle Yida Wang
Jiangjiao Wang
Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.
PLoS ONE
title Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.
title_full Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.
title_fullStr Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.
title_full_unstemmed Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.
title_short Institutional distance, trade agreements, and intellectual property trade networks: Evidence from cross-border data.
title_sort institutional distance trade agreements and intellectual property trade networks evidence from cross border data
url https://doi.org/10.1371/journal.pone.0309009
work_keys_str_mv AT yidawang institutionaldistancetradeagreementsandintellectualpropertytradenetworksevidencefromcrossborderdata
AT jiangjiaowang institutionaldistancetradeagreementsandintellectualpropertytradenetworksevidencefromcrossborderdata