We present a selective survey of the economic theory of intellectual property rights. After a brief description of the … intellectual property right design. We derive conclusions in the simplest, one-time innovation, case then investigate how these … optimal procurement of innovation are considered. Finally, we sketch enforcement and competition policy issues. …

of the receiving country. We test the empirical implications of our model using patent data in renewable and fossil … Moment estimator. We show that knowledge transfer through patent duplication increases with the level of IPR protection, but … more sensitive to uncertainty. Commitment to EPs also increases the incentives for patent duplication. The magnitude of the …

world with two heterogeneous countries featuring different sizes and innovation capacities. Moving to an international …The literature on patent buyouts has focused on single-economy settings, where buyouts are welfare improving relative … system of global patent protection paired with domestic price subsidies, and only intersovereign transfers can achieve a …

Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political … setting of countries with different innovation and financing capabilities, and where financing governments rely on taxes to …

claimed invention based on a combination or modification of a prior art reference. Sri Lanka, as a developing country, should … look at the development that has taken place in other jurisdictions and adapt the patent law to local conditions when … developing tests or guidelines in a manner that is compatible with the World Trade Organization's Agreement on Trade …