Work

Growth and Intellectual Property

Year: 2006
Type: report
Abstract: Intellectual property (IP) protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation.Optimal policy depends on the quantitative strength of these two forces.We give a quantitative assessment of current IP policies.We focus particularly on the scale of the market, showing that as it increases, due either to growth or to the expansion of trade, IP protection should be reduced.
Language: English
Open Access status: green
OpenAlex ID: W1540258194
Cites: 24
Cited by: 10
Related to: 10