Intellectual Property Impacts Political Economy

Deli Yang ()
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Deli Yang: Trinity University

Chapter Chapter 4 in Understanding and Profiting from Intellectual Property in International Business, 2021, pp 73-100 from Springer

Abstract: Abstract This chapter focuses on the role of intellectual property (IP) on global political economy. These macro effects provide foundations to understand why countries establish an IP system. The first six topics center on the positive effects of IP on countries: economic development, licensing, international trade, foreign direct investment (FDI), welfare, and technology transfer and innovation. Nevertheless, these positive effects are conditional on the environments and interact with IP to foster the development of political economy. The last topic examines the negative effects of IP on political economy, including the direct costs of implementing an IPS, and the impacts on pricing, government expenditure, employment, and dissemination.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-54034-0_4

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DOI: 10.1007/978-3-030-54034-0_4

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