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We survey the economic literature, both theoretical and empirical, on the choice of intellectual property protection by firms. Our focus is on the tradeoffs between using patents and disclosing versus the use of secrecy, although we also look briefly at the use of other means of formal...
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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 …
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, and the consequences of the decision taken by the South for welfare in the North and for efficiency of the world … producer selling some good to an integrated world market. In this competition, only the Northern firm has the ability to … conduct R&D in order to lower its production costs, but the Southern firm can imitate costlessly if patent protection for …
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As countries reform their patent laws to be in compliance with the Trade Related Intellectual Property Rights Agreement …, an important question is how increased patent protection will affect drug prices in low-income countries. Using …
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