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Patent protection, southern Innovation and welfare in a north-south trade model
journal contribution
posted on 2014-05-23, 14:28 authored by Arijit Mukherjee, Uday Bhanu SinhaIn a North-South trade model, we analyse the implications of southern patent protection on southern innovation, profits and welfare. Southern patent protection may make the northern firm worse off and the southern firm better off by increasing the southern firm's incentive for innovation and affecting the nature of competition in the world market. The impact of southern patent protection on a country's welfare and on world welfare depends on the cost of southern innovation and the degree of product substitutability. We provide important insights into the outcomes of international negotiations regarding patent enforcement in the southern countries.
History
School
- Business and Economics
Department
- Business
Citation
MUKHERJEE, A. and SINHA, U.B., 2013. Patent protection, southern Innovation and welfare in a north-south trade model. Economica, 80 (318), pp. 248 - 273.Publisher
© The London School of Economics and Political Science. Published by Blackwell PublishingVersion
- VoR (Version of Record)
Publication date
2013Notes
Closed access. This article was published in the journal Economica [© The London School of Economics and Political Science] and the definitive version is available at: http://dx.doi.org/10.1111/ecca.12005ISSN
0013-0427eISSN
1468-0335Publisher version
Language
- en