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Optimal intellectual property rights protection: the case of Colombia

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  • Francesco Bogliacino

    ()
    (Universidad EAFIT, Departamento de Economía and RISE Group)

  • Alberto José Naranjo Ramos

    ()
    (Universidad EAFIT, Departamento de Economía and RISE Group)

Abstract

We investigate the optimality of the actual degree of Intellectual Property Rights protection using a methodology derived from Patent Race Literature. We applied the methodology to Colombia, using the available two Innovation Surveys. Our result are consistent with an already optimal existing protection and we raise doubts over the gains from a stricter regulation.

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File URL: http://www.accessecon.com/pubs/EB/2008/Volume15/EB-08O30005A.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 15 (2008)
Issue (Month): 20 ()
Pages: 1-15

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Handle: RePEc:ebl:ecbull:eb-08o30005

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Keywords: Patent Race;

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References

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  1. Carl Shapiro, 2008. "Patent Reform: Aligning Reward and Contribution," NBER Chapters, National Bureau of Economic Research, Inc, in: Innovation Policy and the Economy, Volume 8, pages 111-156 National Bureau of Economic Research, Inc.
  2. Christine Greenhalgh & Mark Rogers, 2007. "The value of intellectual property rights to firms and society," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 23(4), pages 541-567, Winter.
  3. Vincenzo Denicolo, 2007. "Do patents over-compensate innovators?," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 22, pages 679-729, October.
  4. Farrell, Joseph & Shapiro, Carl, 2007. "How Strong Are Weak Patents?," Competition Policy Center, Working Paper Series, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley qt8vg425vj, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
  5. Giovanni Dosi & Luigi Marengo & Corrado Pasquali, 2006. "How Much Should Society Fuel the Greed of Innovators? On the Relations between Appropriability, Opportunities and Rates of Innovation," LEM Papers Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy 2006/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  6. Aghion, Philippe, et al, 2001. "Competition, Imitation and Growth with Step-by-Step Innovation," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 68(3), pages 467-92, July.
  7. Harris, Christopher & Howitt, Peter & Vickers, John & Aghion, Philippe, 2001. "Competition, Imitation and Growth with Step-by-Step Innovation," Scholarly Articles 12375013, Harvard University Department of Economics.
  8. Michele Boldrin & David K Levine, 2002. "The Case Against Intellectual Property," Levine's Working Paper Archive 618897000000000003, David K. Levine.
  9. Andrés Langebaek R. & Diego Vásquez E., . "Determinantes de la actividad innovadora en la industria manufacturera colombiana," Borradores de Economia 433, Banco de la Republica de Colombia.
  10. Mansfield, Edwin & Schwartz, Mark & Wagner, Samuel, 1981. "Imitation Costs and Patents: An Empirical Study," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 91(364), pages 907-18, December.
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Cited by:
  1. Francesco Bogliacino & Giulio Perani & Mario Pianta & Stefano Supino, 2010. "Innovation and Development. The Evidence from Innovation Surveys," Working Papers of BETA 2010-13, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

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