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Patent protection, southern Innovation and welfare in a north-south trade model

journal contribution
posted on 23.05.2014 by Arijit Mukherjee, Uday Bhanu Sinha
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.

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 Publishing

Version

VoR (Version of Record)

Publication date

2013

Notes

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

ISSN

0013-0427

eISSN

1468-0335

Language

en

Exports

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Keyword(s)

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