The trade-of intellectual property rights reconsidered: technological knowledge as an essential facility

Cristiano Antonelli ()

Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin

Abstract: Intellectual property rights have a twin effect on the economic system. On the one hand they favor the introdution of new technological knowledge. On the other they reduce competition and eventually may limit the rate of introduction of new knowledge. A trade-off takes place between such positive and negative effects. The application to the economics of knowledge of the notions of essential facility and liability rule can correct the balance of the trade-off and contribute the rate of advance of technological knowledge and its effective use in the economic system. The tuning of exc1usive property rights makes it possible to minimize knowledge rents and favor the dissemination and use of knowledge in the economic system taking advantage of its intrinsic cumulability and complementarity.

New Economics Papers: this item is included in nep-ipr
Date: 2005-09
View list of references

Downloads: (external link)
http://www.de.unito.it/web/member/segreteria/WP/Mo ... /9_WP_Momigliano.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:uto:labeco:200509

Access Statistics for this paper

More papers in Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin
Contact information at EDIRC.
Series data maintained by Carlo Lucchesi ().