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Intellectual Property Rights and the World Trade Organization: Retrospect and Prospects

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Abstract

This paper analyzes the main economic issues of intellectual property rights (IPRs) protection in the context of the World Trade Organization (WTO). A retrospective view on the establishment of the TRIPS (trade-related aspects of intellectual property rights) Agreement, a still controversial accomplishment of the Uruguay Round of trade liberalization, is provided. The paper reviews the economic rationale for the harmonization of IPRs, drawing both on economic theory considerations as well as emerging empirical evidence. The logic of linking IPR protection and trade in the context of the WTO is also re-examined. Some specific attention is devoted to the implications of TRIPS for agricultural and biotechnology innovations. The impact that IPR protection can have in promoting growth and development, and the relation of IPRs with other economic policies, is discussed. The paper concludes with an analysis of the prospects for more (or less) IPRs-related consensus in the current round of WTO negotiations.

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Bibliographic Info

Paper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 03-wp334.

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Date of creation: May 2003
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Handle: RePEc:ias:cpaper:03-wp334

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Keywords: copyrights; cross-border externalities; intellectual property; international trade; patents; trademarks; TRIPS; WTO.;

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References

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  1. Konstantinos Giannakas, 2002. "Infringement of Intellectual Property Rights: Causes and Consequences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(2), pages 482-494.
  2. Scotchmer, Suzanne, 2001. "The Political Economy of Intellectual Property Treaties," Competition Policy Center, Working Paper Series qt3pr2040r, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
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  5. Maskus, Keith E. & Penubarti, Mohan, 1995. "How trade-related are intellectual property rights?," Journal of International Economics, Elsevier, vol. 39(3-4), pages 227-248, November.
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  7. Simpson, R David & Sedjo, Roger A & Reid, John W, 1996. "Valuing Biodiversity for Use in Pharmaceutical Research," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 163-85, February.
  8. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
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  14. Malueg, D.A. & Schwartz, M., 1993. "Parallel Imports, Demand Dispersion and International Price Discrimination," Papers 93-6, U.S. Department of Justice - Antitrust Division.
  15. Moschini, GianCarlo, 2001. "Patents and Other Intellectual Property Rights," Staff General Research Papers 1982, Iowa State University, Department of Economics.
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  17. Moschini, GianCarlo & Lapan, Harvey E., 1999. "Intellectual Property Rights and the Welfare Effects of Agricultural R&D," Staff General Research Papers 1735, Iowa State University, Department of Economics.
  18. Gaisford, James D. & Richardson, R. Stephen, 2000. "The TRIPS Disagreement: Should GATT Traditions Have Been Abandoned?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 1(2).
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  22. Guifang Yang & Maskus, Keith E., 2003. "Intellectual property rights, licensing, and innovation," Policy Research Working Paper Series 2973, The World Bank.
  23. Romain Wacziarg, 2002. "Review of Easterly's The Elusive Quest for Growth," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 907-918, September.
  24. Perrin, Richard K., 1999. "Intellectual property rights and developing country agriculture," Agricultural Economics, Blackwell, vol. 21(3), pages 221-229, December.
  25. Ashish Arora & Andrea Fosfuri & Alfonso Gambardella, 2004. "Markets for Technology: The Economics of Innovation and Corporate Strategy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262511819, December.
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  27. R. Stephen Richardson & James D. Gaisford, 1996. "North-South Disputes over the Protection of Intellectual Property," Canadian Journal of Economics, Canadian Economics Association, vol. 29(s1), pages 376-81, April.
  28. Langinier, Corinne & Moschini, GianCarlo, 2002. "Economics of Patents: An Overview, The," Staff General Research Papers 2061, Iowa State University, Department of Economics.
  29. Keith E. Maskus, 1993. "Intellectual property rights and the Uruguay Round," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 10-25.
  30. Lai, Edwin L. -C., 1998. "International intellectual property rights protection and the rate of product innovation," Journal of Development Economics, Elsevier, vol. 55(1), pages 133-153, February.
  31. Binenbaum, Eran & et al, 2003. "South-North Trade, Intellectual Property Jurisdictions, and Freedom to Operate in Agricultural Research on Staple Crops," Economic Development and Cultural Change, University of Chicago Press, vol. 51(2), pages 309-35, January.
  32. Perrin, Richard K., 1999. "Intellectual property rights and developing country agriculture," Agricultural Economics: The Journal of the International Association of Agricultural Economists, International Association of Agricultural Economists, vol. 21(3), December.
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Citations

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Cited by:
  1. Yerokhin, Oleg & Moschini, GianCarlo, 2007. "Intellectual Property Rights and Crop-Improving R&D Under Adaptive Destruction," Staff General Research Papers 12825, Iowa State University, Department of Economics.
  2. Luisa Menapace & GianCarlo Moschini, 2012. "Quality certification by geographical indications, trademarks and firm reputation," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 39(4), pages 539-566, September.

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