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Abstract

Intellectual property (IP) protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation. Optimal policy depends on the relative strength of these two forces. We give a quantitative assessment of current IP policies. We focus particularly on the scale of the market, showing that as it increases, due either to growth or to the expansion of trade, IP protection should be reduced. Copyright � (2009) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-2354.2009.00551.x
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Bibliographic Info

Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.

Volume (Year): 50 (2009)
Issue (Month): 3 (08)
Pages: 855-881

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Handle: RePEc:ier:iecrev:v:50:y:2009:i:3:p:855-881

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References

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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:

1. Intellectual protection should be decreasing, not increasing
   by Economic Logician in Economic Logic on 2009-08-21 14:56:00

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Cited by:

1. Carol McAusland & Peter J. Kuhn, 2009. "Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers," NBER Working Papers 15486, National Bureau of Economic Research, Inc.
   
   • McAusland, Carol & Kuhn, Peter, 2011. "Bidding for brains: Intellectual property rights and the international migration of knowledge workers," Journal of Development Economics, Elsevier, vol. 95(1), pages 77-87, May.
   • McAusland, Carol & Kuhn, Peter J., 2010. "Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers," IZA Discussion Papers 4936, Institute for the Study of Labor (IZA).
2. Alcalá, Francisco & Gonzalez-Maestre, Miguel, 2009. "Artistic Creation and Intellectual Property," UMUFAE Economics Working Papers 4614, DIGITUM. Universidad de Murcia.
   
   • Francisco Alcalá & Miguel González-Maestre, 2006. "Artistic Creation and Intellectual Property," Working Papers 0606, International Economics Institute, University of Valencia.
   • Alcala, Francisco & Gonzalez-Maestre, Miguel, 2005. "Artistic creation and intellectual property," MPRA Paper 1287, University Library of Munich, Germany, revised 17 Dec 2006.
3. Edwin L.-C. Lai, 2005. "Would global patent protection be too weak without international coordination?," Discussion Paper Series 226, Research Institute for Economics & Business Administration, Kobe University, revised Aug 2008.
   
   • Edwin L.-C. Lai & Isabel K.-M. Yan, 2011. "Would Global Patent Protection be too Weak without International Coordination?," CESifo Working Paper Series 3509, CESifo Group Munich.

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