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Protection of Intellectual Property Rights and Competition Policy: Seeking for a Better Balance

Author

Listed:
  • Shastitko, A.

    (Lomonosov Moscow State University, Department of Economics, Center for Competition and Economic Regulation Studies
    The Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia)

  • Kurdin, A.

    (Lomonosov Moscow State University, Department of Economics, Center for Competition and Economic Regulation Studies
    The Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia)

Abstract

Competition policy and intellectual property rights (IPR) protection policy play a significant role in the innovation-based economic development. The authors of this work consider different combinations of these policies through the lens of discrete structural alternatives assuming opportunities for different regimes of IPR protection, as well as for antitrust. The analysis is focused on 4 main alternatives: strong and weak IPR protection, on the one hand, and two types of competition policy, based on a possible introduction of compulsory licensing, on the other hand. The result of the analysis shows that the introduction of compulsory licensing under a weak IPR protection weakens incentives for innovations.

Suggested Citation

  • Shastitko, A. & Kurdin, A., 2014. "Protection of Intellectual Property Rights and Competition Policy: Seeking for a Better Balance," Journal of the New Economic Association, New Economic Association, vol. 21(1), pages 111-135.
  • Handle: RePEc:nea:journl:y:2014:i:21:p:111-135
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    References listed on IDEAS

    as
    1. David Encaoua & Abraham Hollander, 2002. "Competition Policy and Innovation," Oxford Review of Economic Policy, Oxford University Press, vol. 18(1), pages 63-79, Spring.
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    3. Motta,Massimo, 2004. "Competition Policy," Cambridge Books, Cambridge University Press, number 9780521016919.
    4. Paul L. Joskow, 2002. "Transaction Cost Economics, Antitrust Rules, and Remedies," Journal of Law, Economics, and Organization, Oxford University Press, vol. 18(1), pages 95-116, April.
    5. John Vickers, 2010. "Competition Policy and Property Rights," Economic Journal, Royal Economic Society, vol. 120(544), pages 375-392, May.
    6. Daron Acemoglu & Ufuk Akcigit, 2012. "Intellectual Property Rights Policy, Competition And Innovation," Journal of the European Economic Association, European Economic Association, vol. 10(1), pages 1-42, February.
    7. Beatrice Dumont & Peter Holmes, 2002. "The Scope Of Intellectual Property Rights and their Interface with Competition Law and Policy: Divergent Paths to the Same Goal?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(2), pages 149-162.
    8. A. Shastitko & A. Kurdin., 2012. "Antitrust Policy and Intellectual Property Rights Protection in Emerging Markets," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 1.
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    More about this item

    Keywords

    competition policy; antitrust policy; compulsory licensing; intellectual property rights;

    JEL classification:

    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law

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