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Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers

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Carol McAusland
Peter J. Kuhn

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Abstract

We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from a global welfare perspective. These incentives become stronger as developing countries grow in size and wealth, thus allowing them to prevent the 'poaching' of their 'brains' by larger, wealthier markets.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 15486.

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Date of creation: Nov 2009
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Handle: RePEc:nbr:nberwo:15486

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Find related papers by JEL classification:
F22 - International Economics - - International Factor Movements and International Business - - - International Migration
J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights

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