Intellectual property rights and product effectiveness
Recent economic literature concludes that an invention-importing country, where domestic invention is scarce or nonexistent, may reduce its welfare and, in some cases, world welfare, by protecting intellectual property developed elsewhere. The analysis presented in this article uses economic theory to show that such a conclusion may not be fully warranted for a wide range of products, such as antibiotics, fungicides, herbicides, and pesticides, whose effectiveness diminishes with cumulative use. Both developed and developing countries may find that protecting intellectual property rights for these products will enhance welfare - even when their invention is provided for free.
Volume (Year): (1997)
Issue (Month): Q IV ()
|Contact details of provider:|| Web page: http://www.dallasfed.org/|
More information through EDIRC
|Order Information:|| Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Vishwasrao, Sharmila, 1994. "Intellectual property rights and the mode of technology transfer," Journal of Development Economics, Elsevier, vol. 44(2), pages 381-402, August.
- Nancy T. Gallini, 1992. "Patent Policy and Costly Imitation," RAND Journal of Economics, The RAND Corporation, vol. 23(1), pages 52-63, Spring.
- Klemperer, Paul, 1990.
"How Broad Should the Scope of Patent Protection Be?,"
CEPR Discussion Papers
392, C.E.P.R. Discussion Papers.
- Paul Klemperer, 1990. "How Broad Should the Scope of Patent Protection Be?," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 113-130, Spring.
- Helpman, Elhanan, 1993.
"Innovation, Imitation, and Intellectual Property Rights,"
Econometric Society, vol. 61(6), pages 1247-80, November.
- Helpman, E., 1992. "Innovation, Imitation and intellectual Property Rights," Harvard Institute of Economic Research Working Papers 1597, Harvard - Institute of Economic Research.
- Elhanan Helpman, 1992. "Innovation, Imitation, and Intellectual Property Rights," NBER Working Papers 4081, National Bureau of Economic Research, Inc.
- Chin, J.C. & Grossman, G.M., 1988.
"Intellectual Property Rigths And North-South Trade,"
143, Princeton, Woodrow Wilson School - Public and International Affairs.
- Judith C. Chin & Gene M. Grossman, 1988. "Intellectual Property Rights and North-South Trade," NBER Working Papers 2769, National Bureau of Economic Research, Inc.
- Gilbert, R. & Shapiro, C., 1988.
"Optimal Patent Length And Breadth,"
28, Princeton, Woodrow Wilson School - Discussion Paper.
- Ishac Diwan & Dani Rodrik, 1989.
"Patents, Appropriate Technology, and North-South Trade,"
NBER Working Papers
2974, National Bureau of Economic Research, Inc.
- Diwan, Ishac & Rodrik, Dani, 1991. "Patents, appropriate technology, and North-South trade," Journal of International Economics, Elsevier, vol. 30(1-2), pages 27-47, February.
- Diwan, Ishac & Rodrik, Dani, 1989. "Patents, appropriate technology, and North-South trade," Policy Research Working Paper Series 251, The World Bank.
- Deardorff, Alan V, 1992. "Welfare Effects of Global Patent Protection," Economica, London School of Economics and Political Science, vol. 59(233), pages 35-51, February.
- Taylor, M Scott, 1994. "TRIPs, Trade, and Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 361-81, May.
When requesting a correction, please mention this item's handle: RePEc:fip:fedder:y:1997:i:qiv:p:15-20. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Chapman)
If references are entirely missing, you can add them using this form.