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The Globalization Of Private Knowledge Goods And The Privatization Of Global Public Goods

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  • Keith Maskus
  • Jerome Reichman

Abstract

Global trade and investment have become increasingly liberalized in recent decades. This liberalization has lately been accompanied by substantive new requirements for strong minimum standards of intellectual property (IP) protection, which moves the world economy toward harmonized private rights in knowledge goods. While this trend may have beneficial impacts in terms of innovation and technology diffusion, such impacts would not be evenly distributed across countries. Deep questions also arise about whether such globalization of rights to information will raise roadblocks to the national and international provision of such public goods as environmental protection, public health, education, and scientific advance. This article argues that the globalized IP regime will strongly affect prospects for technology transfer and competition in developing countries. In turn, these nations must determine how to implement such standards in a pro-competitive manner and foster innovation and competition in their own markets. Developing countries may need to take the lead in policy experimentation and IP innovation in order to offset overly protectionist tendencies in the rich countries and to maintain the supply of global public goods in an emerging transnational system of innovation. Oxford University Press 2004; all rights reserved, Oxford University Press.

Suggested Citation

  • Keith Maskus & Jerome Reichman, 2004. "The Globalization Of Private Knowledge Goods And The Privatization Of Global Public Goods," Journal of International Economic Law, Oxford University Press, vol. 7(2), pages 279-320, June.
  • Handle: RePEc:oup:jieclw:v:7:y:2004:i:2:p:279-320
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    Cited by:

    1. Massimiliano Corradini & Valeria Costantini & Massimiliano Mazzanti & Susanna Mancinelli, 2014. "Linking innovation investment and environmental performance: an impure dynamic public good model," SEEDS Working Papers 0814, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Apr 2014.
    2. Ghafele, Roya, 2008. "Perceptions of intellectual property: a review," MPRA Paper 38093, University Library of Munich, Germany.
    3. Matthew Littleton, 2008. "The TRIPS Agreement and Transfer of Climate-Change-Related Technologies to Developing Countries," Working Papers 71, United Nations, Department of Economics and Social Affairs.
    4. Roya Ghafele & Benjamin Gibert, 2014. "IP Commercialization Tactics in Developing Country Contexts," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 5(2), pages 1-15, May.
    5. Costantini, Valeria & Liberati, Paolo, 2014. "Technology transfer, institutions and development," Technological Forecasting and Social Change, Elsevier, vol. 88(C), pages 26-48.
    6. Corradini, Massimiliano & Costantini, Valeria & Mancinelli, Susanna & Mazzanti, Massimiliano, 2014. "Unveiling the dynamic relation between R&D and emission abatement," Ecological Economics, Elsevier, vol. 102(C), pages 48-59.
    7. Escalona Reynoso, Rafael, 2010. "Are Intellectual Property Rights Evolving Towards the Enclosure of the ‘Intangible Commons’?," MPRA Paper 42662, University Library of Munich, Germany.
    8. Massimiliano Corradini & Valeria Costantini & Susanna Mancinelli & Massimiliano Mazzanti, 2015. "Interacting innovation investments and environmental performances: a dynamic impure public good model," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(1), pages 109-129, January.

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