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Title: Patent protection, southern Innovation and welfare in a north-south trade model
Authors: Mukherjee, Arijit
Sinha, Uday Bhanu
Issue Date: 2013
Publisher: © The London School of Economics and Political Science. Published by Blackwell Publishing
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.
Abstract: In 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.
Description: 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.12005
Version: Published
DOI: 10.1111/ecca.12005
URI: https://dspace.lboro.ac.uk/2134/14683
Publisher Link: http://dx.doi.org/10.1111/ecca.12005
ISSN: 0013-0427
Appears in Collections:Closed Access (Business)

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