Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2004 erstellt
Description:
A simple intellectual property rights (IPRs) framework is introduced into a dynamic quality ladder model of technological diffusion between innovating firms in one country and imitating firms in another country. The presence of technological spillovers and feedback effects between firms in the two countries demonstrates that preferred IPR regimes are ones that positively affect world growth and hence welfare in both countries. Most existing models of international IPRs, however, generally find that high intellectual property enforcement in the imitating country leads to welfare gains in the innovating country at the expense of the imitating country. An well-designed IPR regime imposed at the time of trade liberalization will be welfare enhancing for both regions relative to trade liberalization without IPR enforcement. Moreover, the preferred IPR regime will be one that maintains competition from imitative activity but enforces some remuneration to innovators for the spillovers they generate