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Globalization, Intellectual Property, and Economic Prosperity

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  • Michele Boldrin
  • David K Levine

Abstract

Innovation and the adoption of new ideas is fundamental to economic progress, and so is free trade of goods and services. Here we examine the underlying economics of the market for ideas and its implications for trade. From a positive perspective, we examine how such markets function and how international trade interact with them. From a normative perspective, we examine the pitfalls of current intellectual property regulations, and how might they be improved. We highlight recent research by ourselves and others challenging the notion that government awards of monopoly through patents and copyright are "the way" to provide appropriate incentives for innovation. Copyright Springer-Verlag Berlin/Heidelberg 2006

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Paper provided by David K. Levine in its series Levine's Working Paper Archive with number 122247000000001328.

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Date of creation: 31 Dec 2006
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Handle: RePEc:cla:levarc:122247000000001328

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Web page: http://www.dklevine.com/

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Cited by:
  1. Francisco Martínez-Sánchez, 2007. "Why Does The Pirate Decide To Be The Leader In Prices?," Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) 2007-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  2. Lars Calmfors & Giancarlo Corsetti & Michael P. Devereux & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2008. "Chapter 4: Industrial policy," EEAG Report on the European Economy, CESifo Group Munich, CESifo Group Munich, vol. 0, pages 105-124, 02.
  3. Lee Davis, 2006. "Licensing Strategies of the Enterprising - but Vulnerable - "Intellectual Property" Vendors," DRUID Working Papers, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies 06-12, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.

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