TITLE

Intellectual Property Rights: An International Economics Perspective

AUTHOR(S)
Richardson, Martin
PUB. DATE
September 1991
SOURCE
Review of Industrial Organization;Fall1991, Vol. 6 Issue 3, p247
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper considers the enforcement of intellectual property rights in an international setting. 1 consider some of the traditional problems associated with protection of such rights in a closed economy and discuss complication, added by an international dimension. Globally-optimal and nationally-optimal policies are compared. A simple model of policy choices is derived and optimal tax/subsidy and rights enforcement policies demonstrated. The paper concludes with a brief discussion of the current U.S. approach of discriminatory treatment on the basis of the national origin of an infringing product and argues that it is inferior to subsidies for providing incentives for R&D and to tariffs for shifting profits to U.S. firms.
ACCESSION #
16846520

 

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