Investigating the Effect of Innovation and Intellectual Property on the Production Growth of High- Tech Industries (Case Study: Selected Middle Eastern Countries)

High-tech industries have a significant share in domestic and foreign production, employment, and capital market in developing economies. These industries are always considered as leading industries in products with a competitive advantage in the analysis of development and growth of countries. Therefore, In the present study, an attempt has been made to investigate the role of innovation and intellectual property in these industries' growth by using data related to the high-tech industries' product growth. For this purpose, a model using the panel data method in 11 selected Middle Eastern countries in the period 2009 to 2018 has been estimated. The dependent variable of the model is the growth of high-tech industries and its independent variables are innovation and intellectual property, infrastructure development, per capita income of employees, and foreign direct investment. The results of model estimation show that all of the mentioned independent variables have a positive and significant effect on the growth of high-tech industries..