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What are the economics of patents? What problems arise in implementing a patent system? How much do distortions in developing countries affect the benefits and costs of a patent system? And what are the policies that would increase the likelihood of patents benefiting a developing country?
The idea behind patent policies is to increase the output of commercially useful innovations by creating a transitory propertyy right that allows the inventor to appropriate part of the returns from his invention. In developing countries, two types of considerations need to be addressed. First, there are issues of designing an appropriate patent system. This includes considerations of administrative efficiency, the impact on government expenditures, and the legal administration of intellectual property rights. Second, and more fundamentally, the investments that patent incentives trigger in research and development are one of many uses for scarce savings. Returns to investments protected by patents depend on the productivity of the inventive process and the industrial applicability of innovations. In situations where the innovative processes might be low, care should be taken that scarce investment resources are not wasted in unproductive research and development endeavors. The paper also argues that in unstable and protected economies, the social returns of patented innovations might be low. The analysis suggests a sequencing of policies where patent protecion should be strengthened once developing countries have achieved a level of savings compatible with investments in risky research and development projects, relative economic stability and competition through open market policies.
Volume 1 = Historical and conceptual foundations ; Volume 2 = Dispute settlement in the world ; Volume 3 = Administered protection ; Volume 4 = The Uruguay round and beyond.
As technological developments multiply around the globeâ€"even as the patenting of human genes comes under serious discussionâ€"nations, companies, and researchers find themselves in conflict over intellectual property rights (IPRs). Now, an international group of experts presents the first multidisciplinary look at IPRs in an age of explosive growth in science and technology. This thought-provoking volume offers an update on current international IPR negotiations and includes case studies on software, computer chips, optoelectronics, and biotechnologyâ€"areas characterized by high development cost and easy reproducibility. The volume covers these and other issues: Modern economic theory as a basis for approaching international IPRs. U.S. intellectual property practices versus those in Japan, India, the European Community, and the developing and newly industrializing countries. Trends in science and technology and how they affect IPRs. Pros and cons of a uniform international IPRs regime versus a system reflecting national differences.
Plant Biotechnology And Plant Genetic Resources, which boasts a truly international list of contributors with a variety of expertise, thoroughly explores all the major contemporary concerns. It discusses the strategies for the best use of modern biotechnology and precious plant genetic resources to alleviate components associated with global constraints in hunger, environment and health. This book is a valuable resource for scientists and policy makers as the world faces unprecedented challenges in the sustainability and productivity of the global food and fibre system.
This book discusses the nature of institutional development as it promotes market growth. It is concerned with the nature of and the prospects for pro-market development planning, especially in East Asia, describing pro-market policies that enhance economic cooperation.
General trade liberalization in most developing countries would expand South- South trade, and could as well increase the proportion of this trade in their total, particulary if the most heavily protected sectors were liberalized.
The third issue of 2014 features three articles from recognized legal scholars, as well as extensive student research. Contents include: Articles: • Following Lower-Court Precedent, by Aaron-Andrew P. Bruhl • Constitutional Outliers, by Justin Driver • Intellectual Property versus Prizes: Reframing the Debate, by Benjamin N. Roin Review: • The Text, the Whole Text, and Nothing but the Text, So Help Me God: Un-Writing Amar's Unwritten Constitution, by Michael Stokes Paulsen Comments: • Standing on Ceremony: Can Lead Plaintiffs Claim Injury from Securities That They Did Not Purchase?, by Corey K. Brady • FISA's Fuzzy Line between Domestic and International Terrorism, by Nick Harper • The Perceived Intrusiveness of Searching Electronic Devices at the Border: An Empirical Study, by Matthew B. Kugler • Comcast Corp v Behrend and Chaos on the Ground, by Alex Parkinson • Maybe Once, Maybe Twice: Using the Rule of Lenity to Determine Whether 18 USC 924(c) Defines One Crime or Two, by F. Italia Patti • Let's Be Reasonable: Controlling Self-Help Discovery in False Claims Act Suits, by Stephen M. Payne • A Dispute Over Bona Fide Disputes in Involuntary Bankruptcy Proceedings, by Steven J. Winkelman The University of Chicago Law Review first appeared in 1933, thirty-one years after the Law School offered its first classes. Since then the Law Review has continued to serve as a forum for the expression of ideas of leading professors, judges, and practitioners, as well as students, and as a training ground for University of Chicago Law School students, who serve as its editors and contribute Comments and other research. Principal articles and essays are authored by accomplished legal and economics scholars. Quality ebook formatting includes active TOC, linked notes, active URLs in notes, and all the charts, tables, and formulae found in the original print version.
Plant breeding patents, the ownership to biological innovation and associated intellectual property rights (IPR), are the subject of increased attention worldwide. They are particularly relevant in the field of agricultural biotechnology. They are affecting public and private sector organisations and companies, and are significant for developing as well as developed countries. These issues have until recently evoked little policy analysis. This book presents the perspectives of policy-makers and economists on such issues and includes discussions of public research and property rights, implications for developing countries, IPR of wild genetic resources and IPR under the Convention of Biological Diversity, among others.
'This book is a substantial contribution to the discussion on trade-related intellectual property rights. It provides a clear, step-by-step, in-depth analysis of the TRIPS agreement, particularly as it relates to the European pharmaceutical industry. Politics, law and economics are judiciously blended. Meir Pugatch's work should be read not just by academic experts and students in the field, but also by trade policy and IPR practitioners interested in an accessible, policy-relevant treatment of the issues at hand.' - Razeen Sally, London School of Economics and Political Science, UK This book investigates the realm of intellectual property rights (IPRs) within the context of international political economy. In particular, it examines the extent to which powerful interest groups, such as pharmaceutical multinational companies, influence the political dynamism underlying the field of IPRs. Meir Perez Pugatch argues that a pure economic approach does not provide a sufficient or satisfactory explanation for the creation of intellectual property rights, most notably patents. The author instead suggests that a dynamic approach, based on the international political economy of interest groups and systemic outcomes, provides a better starting point for explaining how the international intellectual property agenda is determined.