Economics of Intellectual Property in the Context of a Shifting Innovation Paradigm: A Review from the Perspective of Developing Countries

Title
Economics of Intellectual Property in the Context of a Shifting Innovation Paradigm: A Review from the Perspective of Developing Countries
Authors
오준병
Keywords
IP (intellectual property); Innovation; Developing Countries; Inventor Mobility; Patent Litigation; Licensing
Issue Date
2013
Publisher
GLOBAL ECONOMIC REVIEW
Series/Report no.
GLOBAL ECONOMIC REVIEW ; Vol42 no.1 Startpage 29 Endpage 42
Abstract
This paper discusses how the evolving nature of innovation has affected the way Intellectual Property Right (IPR) regime has affected economic growth in developing countries. Focusing more on utilization rather than protection of IPs for human society, it argues that the linkages from protection of knowledge to innovation incentives should be given more priority at the later stage of economic development when developing countries reach a certain level of technological capabilities. Despite the loose or open linkage between IP protection and economic growth, strong IP enforcement can still seriously decrease the catching-up probability of latecomer firms, especially small and medium-sized enterprises (SMEs). The lawsuits by patent trolls may be more damaging because cross-licensing or patent pooling strategy is not available at all as a settlement option. Thus, latecomer firms are facing heavier challenges than before, especially the SMEs with limited financial and human resources. In such circumstance, there can be a case for the active role of public policies and interventions.
URI
http://dx.doi.org/10.1080/1226508X.2013.769801
http://dspace.inha.ac.kr/handle/10505/33555
ISSN
1226-508X
Appears in Collections:
College of Social Science (사회과학대학) > Economics (경제학) > Journal Papers, Reports(경제학 논문, 보고서)
Files in This Item:
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