Costly R&D and intellectual property rights protection Online publication date: Mon, 07-Jul-2003
by Amy Jocelyn Glass
International Journal of Technology Management (IJTM), Vol. 19, No. 1/2, 2000
Abstract: This paper summarises some of my product cycle models addressing the role of intellectual property rights (IPR) protection when all forms of R&D, including imitation, are costly. While the settings considered differ, the models all share the feature that a strengthening of IPR protection makes R&D more difficult, and thus causes firms to waste scarce resources ''reinventing the wheel''. Taking the perspective that stronger IPR protection increases the cost of R&D demonstrates how weak IPR protection can aid a country's development by enabling its firms to make efficient use of scarce resources and thus further advance the country's technology frontier.
Online publication date: Mon, 07-Jul-2003
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org