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The New Globalisation of Intellectual Property Rights: What's New This Time?

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  • Richard Pomfret
  • Keith Maskus

Abstract

type="main"> The period since the mid-1990s has seen sweeping and globalised reforms in the laws and standards protecting intellectual property rights. This paper sets those changes into historical context, noting their important antecedents but emphasising their major and comprehensive new directions. Empirical evidence suggests that these reforms are not having much impact on innovation in the developing world but are improving the processes and efficiency of technology diffusion. However, stronger patents and copyrights also raise concerns about how they will affect the ability of poor countries to access technologies for dealing with public and social objectives. The paper concludes with observations about the sustainability of the new globalised system.

Suggested Citation

  • Richard Pomfret & Keith Maskus, 2014. "The New Globalisation of Intellectual Property Rights: What's New This Time?," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 54(3), pages 262-284, November.
    • Handle: RePEc:bla:ozechr:v:54:y:2014:i:3:p:262-284
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    References listed on IDEAS

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    Cited by:

    1. Ugo Pagano & Maria Alessandra Rossi, 2016. "The knowledge economy, the crash and the depression," Department of Economics University of Siena 741, Department of Economics, University of Siena.
    2. Sharma, Abhijit & Sousa, Cristina & Woodward, Richard, 2022. "Determinants of innovation outcomes: The role of institutional quality," Technovation, Elsevier, vol. 118(C).
    3. James A Brander & Victor Cui & Ilan Vertinsky, 2017. "China and intellectual property rights: A challenge to the rule of law," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(7), pages 908-921, September.
    4. Victor Cui & Rajneesh Narula & Dana Minbaeva & Ilan Vertinsky, 2022. "Towards integrating country- and firm-level perspectives on intellectual property rights," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(9), pages 1880-1894, December.
    5. Suma Athreye & Lucia Piscitello & Kenneth C. Shadlen, 2020. "Twenty-five years since TRIPS: Patent policy and international business," Journal of International Business Policy, Palgrave Macmillan, vol. 3(4), pages 315-328, December.

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