Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers
Carol McAusland () and
Peter Kuhn ()
No 4936, IZA Discussion Papers from Institute of Labor Economics (IZA)
We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from a global welfare perspective. These incentives become stronger as developing countries grow in size and wealth, thus allowing them to prevent the 'poaching' of their 'brains' by larger, wealthier markets.
Keywords: international labor migration; brain drain; development; intellectual property rights (search for similar items in EconPapers)
JEL-codes: F22 J6 O34 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ipr, nep-pr~ and nep-mig
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Published in: Journal of Development Economics, 2011, 95 (1), 77-87
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Journal Article: Bidding for brains: Intellectual property rights and the international migration of knowledge workers (2011)
Working Paper: Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers (2009)
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