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Innovation, intellectual property rights, imitation, income distribution

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  • Stibora, Joachim

    (Kingston University London)

Abstract

We employ a North-South endogenous growth model with two factors of production in which the North invents new pro ducts and the South imitates. We use this model to explore the impact of stronger IPRs on interregional as well as intraregional distribution of welfare. We find that the overall losses are smallest when the policy shock is implemented gradually. With regard to intraregional welfare effects, we show that tighter IPRs reduce the welfare of all individuals but that the welfare losses of laborers are smaller than those of capital owners.

Suggested Citation

  • Stibora, Joachim, 2003. "Innovation, intellectual property rights, imitation, income distribution," Economics Discussion Papers 2003-8, School of Economics, Kingston University London.
    • Handle: RePEc:ris:kngedp:2003_008
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    References listed on IDEAS

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    More about this item

    Keywords

    Innovation; Intellectual Property Rights; Imitation; Income Distribution;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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