Impact Of Intellectual Property Rights On Entrepreneurship And Innovation In Emerging Markets

Intellectual Property Rights (IPR) play a crucial role in fostering entrepreneurship and innovation in emerging markets by providing legal protection for new ideas, inventions, and brands. This study examines how strong IPR frameworks encourage investment in research and development (R&D), attract foreign direct investment (FDI), and promote technological advancements. It also explores challenges such as weak enforcement, high costs, and limited awareness that hinder IPR adoption. By analysing case studies from developing economies, the research highlights the need for balanced policies that support both innovation and market accessibility, ultimately contributing to sustainable economic growth.