Imitative Competition and Public Policy

Lynne Pepall

Chapter 4 in Competition, Cooperation, Research and Development, 1997, pp 57-71 from Palgrave Macmillan

Abstract: Abstract Policy debate on imitative competition and its negative impact on innovation and trade figured strongly in the recent Uruguay round of GATT negotiations. Inventors and entrepreneurs in ‘high technology’ sectors such as information technology and telecommunications, as well as representatives from the more traditional sectors of fashion and music recording, were calling for tighter patent and copyright regulation to protect their product designs from imitators. Yet at the same time policy-makers were eager to foster more competition and trade in these sectors. The discussions were further compounded by the observation that the innovators tended to come from the richer countries and the imitators from poorer countries. As a result, rules on tightening trade-related intellectual property rights and strengthening the market power of innovators could be seen to exacerbate wealth differences among the rich and the poor countries.

Keywords: Consumer Surplus; Price Competition; Patent Protection; Late Entrant; Quality Choice (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1007/978-1-349-25814-7_4

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