of the developing world introduces patent protection for new drug products. This may lead to more research on drugs to … those already offering such protection the situation offers a unique opportunity to examine the incentive role of patent … provides a baseline' against which future research activity can be compared once the new global patent regime is fully …

We consider the differential incentives of the North and the South to provide patent protection to innovating firms in … development of technologies most suited to their needs. This provides a motive for the South to provide patent protection even … global planner will set equal rates of patent protection only when it weights the welfare of the two regions equally. We find …