The commercialization of biotechnology has resulted in an intensive search for new biological resources for the purposes of increasing food productivity, medicinal applications, energy production, and various other applications. Although biotechnology has produced many benefits for humanity, its applications have also resulted in some undesirable consequences such as diminished species biodiver...

The authors address how patent protection in the United States is often quite narrow in scope, difficult to obtain, and insufficient in duration, thus stifling research and development of potential breakthrough pharmaceuticals. The authors further posit that countries that have enacted stronger intellectual property rights and research incentives have seen tremendous increases in foreign direct...

Article history: Received 1 October 2013 Received in revised form 1 October 2014 Accepted 5 November 2014 Available online 4 February 2015 This paper investigates the effects of software intellectual property rights (IPRs) on the performance of software firms. For this, technical efficiency scores for Korean software firms are examined, and for an empirical analysis, data envelopment analysis (...

Multisectoral collaborative models for drug and therapeutic research and development (R&D) are emerging, requiring a recalibration of how intellectual property rights (IPRs) are used. Although these models appear promising, little study has been conducted on the optimal blend of sharing and exclusion as mediated through the proactive use or nonuse of IPRs. This Commentary is a call for a combin...

This paper empirically investigates the effect of product cycle on comparative advantage for countries with different knowledge capital endowment. Product cycle is the exogenous nature of technology evolution in each industry. Longer product cycle means new discovery takes longer time to arise. Meanwhile the imitation of existing innovation is easier in industries with longer product cycles. St...

The extension of intellectual property rights into the realm of biology has emerged as an increasing focus of controversy in relation to science, biodiversity, agriculture, health, development, human rights and trade. This paper presents the results of a review of international trends in activity for patent protection between 1990-2000 and provisional data to 2004 and 2005 from over 70 national...

The World Trade Organisation (WTO) which became operational on 1 January 1995 is the successor to the General Agreement on Tariffs and Trade (GATT). The WTO provides the legal framework for world trade, and it has been given extensive regulatory and supervisory powers. Whereas the GATT was solely concerned with trade liberalization based on tariff concessions, the WTO’s approach embraces discus...

The World Health Organization (WHO) has the noble goals of advancing traditional medicine and simultaneously promoting the regulation and professionalization of traditional healers. However, such regulation has the unintended consequence of withholding power from traditional practitioners. This review explores this concept through a historical analysis of traditional medicine in both India and ...

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Utilizing economic theory, this paper tests the proposition that intellectual property rights and competition policy are complementary policies. An ordered probit model is applied to a sample of over 4,000 firms in 36 countries in order to estimate the marginal effects of the use and quality of enforcement of intellectual property rights on a measure of the degree of seriousness of competition ...