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Intellectual Property Rights and Innovation : Evidence from the Human Genome
Williams, Heidi L. - 2014
Do intellectual property (IP) rights on existing technologies hinder subsequent innovation? Using newly-collected data on the sequencing of the human genome by the public Human Genome Project and the private firm Celera, this paper estimates the impact of Celera's gene-level IP on subsequent...
Persistent link: https://www.econbiz.de/10013069502
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Risks to the Returns to Medical Innovation : The Case of Myriad Genetics
Clemens, Jeffrey P. - 2015
We describe the broad range of uncertainties faced by the developers of medical technologies. Empirically, we estimate the asset market incidence of two realizations of uncertainties we classify as within-market policy risks. The events we analyze concern the intellectual property of Myriad...
Persistent link: https://www.econbiz.de/10013017486
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Damages and Injunctions in the Protection of Proprietary Research Tools
Schankerman, Mark A.; Scotchmer, Suzanne - 2021
Profit on proprietary research tools is determined partly by the remedies for infringement, such as damages and injunctions. We investigate how damages under a liability rule and the opportunity for injunctions under a property rule can affect the incentives to develop research tools. We show...
Persistent link: https://www.econbiz.de/10013228234
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Trade and Environment Beyond Singapore
Whalley, John - 2021
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...
Persistent link: https://www.econbiz.de/10013234937
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Risk, Government and Globalization : International Survey Evidence
Mayda, Anna Maria - 2010
government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters …
Persistent link: https://www.econbiz.de/10012760172
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Surfing the Waves of Globalization : Asia and Financial Globalization in the Context of the Trilemma
Aizenman, Joshua - 2010
Using the "trilemma indexes" developed by Aizenman et al. (2008) that measure the extent of achievement in each of the three policy goals in the trilemma--monetary independence, exchange rate stability, and financial openness--we examine how policy configurations affect macroeconomic...
Persistent link: https://www.econbiz.de/10013145228
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Intellectual Property Rights, Foreign Direct Investment, and Industrial Development
Branstetter, Lee - 2014
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of...
Persistent link: https://www.econbiz.de/10013070725
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Intellectual Property Rights and North-South Trade
Chin, Judith C.; Grossman, Gene M. - 2021
We study the incentive that a government in the South has to protect the intellectual property rights of Northern firms, and the consequences of the decision taken by the South for welfare in the North and for efficiency of the world equilibrium. We conduct our analysis in the context of a...
Persistent link: https://www.econbiz.de/10013218112
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Intellectual Property Rights and Access to Innovation : Evidence from Trips
Kyle, Margaret - 2015
protection within a specified time period as part of the TRIPS Agreement. However, members retained the right to impose price … product level, selection into TRIPS "treatment" is exogenously determined by compliance deadlines that vary across countries … discrimination across countries has increased for drugs patented post-TRIPS and prices are negatively related to the burden of …
Persistent link: https://www.econbiz.de/10013031206
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Organizing the Global Value Chain
Antras, Pol - 2012
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10013104981