Globalisation in the recent times has resulted in increased interdependence between the countries. While the process of globalisation holds the promise of development for all, it has been argued by various researchers that situation on ground is otherwise. There is considerable disagreement...

Policy-makers advocate a fundamental shift towards “Green Growth” as the new qualitatively different growth paradigm. This paper illustrates the green growth perspective of Pakistan to address the question of achieving sustainable green growth in the context of green/environmental technology...

This paper attempts to provide an analytical framework to analyze organizational forms in the knowledge economy. We first outline some historical trends that have transformed the organization of production over the last few decades. We show that this transformation has taken place not only in...

Digital technologies allow the implementation of more decentralized Property Rights (PR) systems as compared to those traditionally set-up by public authorities at the national level. The self-implementation of exclusive rights of use over information and the design of self-regulation by virtual...

Competition policy and intellectual property rights (IPR) protection policy play a significant role in the innovation-based economic development. The authors of this work consider different combinations of these policies through the lens of discrete structural alternatives assuming opportunities...

In an open innovation relationship, the party that owns a key asset enjoys bargaining power that discourages the investments of the other party in the collaboration. We show that these incentives can be restored by conferring on the weak party the power to take decisions during the research...

This article deals with the impact of legislation in the seed sector on incentives for variety creation. Two categories of rules interact. The first category consists in intellectual property rights and is intended to address a problem of sequential innovation and R&D investments by the private...

In this paper a Developer contracts with a Researcher for the production of a non-drastic innovation. Since effort is non-contractible, the Developer offers an incentive contract dependent on the observed magnitude of the innovation. It is shown that the distribution of intellectual property...

We analyze policy options during an international health emergency to provide consumers in least developed countries access to patented life-extending pharmaceuticals. Reliance on property rights exhaustion is shown to be insufficiently flexible and costly to implement. By contrast, the optimal...

In this note, we analyze the effects of intellectual property rights on the volatility of economic growth. Our analysis is motivated by the observation that the strengthening of patent protection and the increase in R&D in the US coincide with a reduction in growth volatility beginning in the...