Bagchi, Aniruddha and Roy, Abhra (2011): Endogenous R&D and Intellectual Property Laws in Developed and Emerging Economies. Forthcoming in: Southern Economic Journal
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The incentive of providing protection of intellectual property has been analyzed, both for an emerging economy as well as for a developed economy. The optimal patent length and the optimal patent breadth within a country are found to be positively related to each other for a fixed structure of laws abroad. Moreover, a country can respond to stronger patent protection abroad by weakening its patent protection under certain circumstances and by strengthening its patent protection under other circumstances. These results depend upon the curvature of the R&D production function. Finally, we investigate the impact of an increase in the willingness-to-pay in the emerging economy and find conditions under which there is an improvement in both patent length as well as patent breadth in the emerging economy.
|Item Type:||MPRA Paper|
|Original Title:||Endogenous R&D and Intellectual Property Laws in Developed and Emerging Economies|
|Keywords:||Patent Length, Patent Breadth, Productivity|
|Subjects:||F - International Economics > F2 - International Factor Movements and International Business > F20 - General
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O34 - Intellectual Property Rights
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives
|Depositing User:||Aniruddha Bagchi|
|Date Deposited:||24. Jun 2011 17:22|
|Last Modified:||20. Feb 2013 02:30|
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