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Bidding for brains: Intellectual property rights and the international migration of knowledge workers

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  • McAusland, Carol
  • Kuhn, Peter

Abstract

We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from a global welfare perspective. These incentives become stronger as developing countries grow in size and wealth, thus allowing them to prevent the 'poaching' of their 'brains' by larger, wealthier markets.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 95 (2011)
Issue (Month): 1 (May)
Pages: 77-87

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Handle: RePEc:eee:deveco:v:95:y:2011:i:1:p:77-87

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Web page: http://www.elsevier.com/locate/devec

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Keywords: Intellectual property rights Development Brain drain International labor migration;

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Citations

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Cited by:
  1. Frédéric Docquier & Hillel Rapoport, 2011. "Globalization, Brain Drain and Development," Working Papers 2011-18, Department of Economics, Bar-Ilan University.
  2. Alireza Naghavi & Chiara Strozzi, 2011. "Intellectual Property Rights, Migration, and Diaspora," Center for Economic Research (RECent) 068, University of Modena and Reggio E., Dept. of Economics.

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