This paper examines the determinants of commercialization strategy for start-up innovators. We examine whether the returns on innovation are earned through product market competition as opposed to cooperation with more established firms (either through licensing, strategic alliances or outright acquisition). Our key hypotheses are that the relative returns to cooperation are increasing in (a) t...

The report issued by WHO’s Commission on Intellectual Property, Innovation, and Public Health1 (CIPIH) makes a number of positive recommendations for improving health in developing countries. However, the report understates the value of intellectual property rights for promoting public health and overstates the importance of intellectual property in affecting access to health care. Indeed, the ...

Intellectual Property Rights (IPRs) have become ubiquitous in the current debate and have emerged as the key issue of global innovation policy. The ‘Trade Related Aspects of Intellectual Property Rights’ (TRIPS), signed on 1994 as a founding element of the World Trade Organization, represent the most important attempt to establish a global harmonization of Intellectual Property protection. The ...

CI [1]'s work on Access to Knowledge (A2K [2]) is predicated upon the fact that intellectual property rights (IPRs) are a consumer issue, not just an issue for business. For example, the expansion of the scope and enforcement of intellectual property rights at the behest of rights holders impacts on consumers by inhibiting the sharing and development of culture, by denying consumers the freedom...

CI [1]'s work on Access to Knowledge (A2K [2]) is predicated upon the fact that intellectual property rights (IPRs) are a consumer issue, not just an issue for business. For example, the expansion of the scope and enforcement of intellectual property rights at the behest of rights holders impacts on consumers by inhibiting the sharing and development of culture, by denying consumers the freedom...

CI [1]'s work on Access to Knowledge (A2K [2]) is predicated upon the fact that intellectual property rights (IPRs) are a consumer issue, not just an issue for business. For example, the expansion of the scope and enforcement of intellectual property rights at the behest of rights holders impacts on consumers by inhibiting the sharing and development of culture, by denying consumers the freedom...

There are many indices for measuring property rights (PR) security. They may be classified into two groups: subjective proxies and objective proxies. Most of the proxies are subjective. One contribution of this paper is introducing a new approach for measuring government expenditures devoted to PR protection. Calculating physical capital within the introduced new approach is another contributio...

CI [1]'s work on Access to Knowledge (A2K [2]) is predicated upon the fact that intellectual property rights (IPRs) are a consumer issue, not just an issue for business. For example, the expansion of the scope and enforcement of intellectual property rights at the behest of rights holders impacts on consumers by inhibiting the sharing and development of culture, by denying consumers the freedom...

in this paper, we develop a ramsey-type endogenous growth model in which government spending on property rights protection is a major determinant of economic growth. this model includes equations for welfare, private and public sectors production. we introduce the legal efficiency into private production function, and x-inefficiency parameter into public production function. also, we consider t...