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Strengthening Intellectual Property Rights Globally: Impact On India'S Pharmaceutical Exports

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  • JAYA PRAKASH PRADHAN

    ()
    (Institute for Studies in Industrial Development, 4 Institutional Area, P. B. No. 7513, Vasant Kunj, New Delhi-110 070, India)

Abstract

This paper examines the impact of stronger protection for intellectual property on the exports of a technologically imitative country such as India. The Indian experience in pharmaceutical exports can further add to the existing literature, which is otherwise largely limited to the experience of OECD countries and the USA. The empirical analysis suggests that even an imitative developing country's exports need not be negatively affected by strengthening patent regime globally, and in fact, in the case of pharmaceuticals, India stands to benefit from market expansion effects. However, this finding in the case of pharmaceutical products cannot be argued to hold for other sectors of the Indian economy, and any generalization on overall impact of stronger patent regime on aggregate exports from the Indian economy must be based on further sectoral studies.

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Bibliographic Info

Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal The Singapore Economic Review.

Volume (Year): 52 (2007)
Issue (Month): 02 ()
Pages: 233-250

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Handle: RePEc:wsi:serxxx:v:52:y:2007:i:02:p:233-250

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Keywords: Intellectual property rights; pharmaceutical exports;

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Cited by:
  1. Boring, Anne, 2010. "Determinants of the United States’ trade of pharmaceuticals," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/4340, Paris Dauphine University.
  2. Jaya Prakash Pradhan, 2010. "Strategic Asset-Seeking Activities of Emerging Multinationals: Perspectives of Foreign Acquisitions by Indian Pharmaceutical MNEs," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, Faculty of Economics, Vilnius University, vol. 1(2).
  3. Pradhan, Jaya Prakash, 2008. "Overcoming Innovation Limits through Outward FDI: The Overseas Acquisition Strategy of Indian Pharmaceutical Firms," MPRA Paper 12362, University Library of Munich, Germany.
  4. Jaya Prakash Pradhan, . "Global competitiveness of Indian Pharmaceutical Industry: Trends and Strategies," Working Papers, Institute for Studies in Industrial Development (ISID) 0605, Institute for Studies in Industrial Development (ISID).

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