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Patents and Other Intellectual Property Rights

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  • Moschini, GianCarlo

Abstract

In this article, the author reviews intellectual property rights (IPRs), with some emphasis on the protection of agricultural and life sciences innovations. The main institutional features of IPRs are first discussed, along with a brief historical background and an articulation of the main rationale for the existence of such rights. This is followed by an overview of the principal economic issues related to IPRs. The author explains the main benefit/cost trade-offs of allowing patents and other IPRs, and then analyzes specific issues in some depth, including the scope of patent protection, the effects of patent races, and the problems arising when IPRs concern cumulative and/or complementary innovations. The author further illustrates the economics of IPRs by considering instruments alternative to patents, such as prizes and government procurement contracts. Finally, the author briefly discusses some open policy issues in this area.

Suggested Citation

  • Moschini, GianCarlo, 2001. "Patents and Other Intellectual Property Rights," Staff General Research Papers Archive 1982, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:1982
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    Cited by:

    1. GianCarlo Moschini, 2004. "Intellectual Property Rights and the World Trade Organization: Retrospect and Prospects," Chapters, in: Giovanni Anania & Mary E.. Bohman & Colin A. Carter & Alex F. McCalla (ed.), Agricultural Policy Reform and the WTO, chapter 19, pages 474-511, Edward Elgar Publishing.
    2. Kolady, Deepthi & Spielman, David J. & Cavalieri, Anthony J., 2010. "Intellectual property rights, private investment in research, and productivity growth in Indian agriculture: A review of evidence and options," IFPRI discussion papers 1031, International Food Policy Research Institute (IFPRI).
    3. Jane G. Payumo & Howard D. Grimes & Keith J. Jones, 2012. "Licensing Agricultural Intellectual Property: How Should Public R&D Institutions In Developing Countries Respond?," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 9(04), pages 1-24.

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