The Political Economy of Intellectual Property Treaties
AbstractIntellectual property treaties create two types of obligations: for national treatment of foreign inventors and for certain harmonized protections. I investigate both the incentive to join such treaties and the incentive to harmonize. As compared to an equilibrium in which the countries' policy makers make independent choices, harmonization will generally strengthen protections. This analysis recognizes that public sponsorship is sometimes an efficient alternative to intellectual property. However, there are no institutions to harmonize public spending, and there are no international mechanisms to repatriate the spillovers it generates. As a consequence, there may be too little public sponsorship and too much intellectual property. A country's inclination to strengthen harmonized protections will depend both on its innovativeness (positively) and on the size of its domestic market (negatively). Copyright 2004, Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal The Journal of Law, Economics, and Organization.
Volume (Year): 20 (2004)
Issue (Month): 2 (October)
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Other versions of this item:
- Suzanne Scotchmer, 2003. "The political economy of intellectual property treaties," Proceedings, Federal Reserve Bank of San Francisco, issue Nov.
- Suzanne Scotchmer, 2002. "The Political Economy of Intellectual Property Treaties," NBER Working Papers 9114, National Bureau of Economic Research, Inc.
- Suzanne Scotchmer, 2002. "The Political Economy of Intellectual Property Treaties," Industrial Organization 0201004, EconWPA.
- Suzanne Scotchmer., 2001. "The Political Economy of Intellectual Property Treaties," Economics Working Papers E01-305, University of California at Berkeley.
- F1 - International Economics - - Trade
- L5 - Industrial Organization - - Regulation and Industrial Policy
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