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national incentives for patent protection? What is the rationale for international coordination over patent policies? Given … support the major arguments for and against the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS …)? Finally, can the structure of TRIPS—both in terms of the core obligations it imposes on the WTO members and the flexibilities …
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We present a selective survey of the economic theory of intellectual property rights. After a brief description of the institutional framework, we discuss policy objectives and some basic welfare tradeoffs in intellectual property design. We consider the extent to which social objectives can be...
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creativity (focusing on patent, trade secret, and copyright protection) and protecting integrity of the commercial marketplace … protection and other means of addressing the economic problem (such as public funding and prizes in the case of patent and …
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between the propensity to jointly own a patent and proximity in the product market; b) joint patents are associated with less …
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