Intellectual Property Rights and International Technology Diffusion
نویسنده
چکیده
The TRIPs agreement does not appear likely to alleviate any wealth differences arising from the existing North-South technology divide. Open-economy endogenous growth models suggest a dynamic shift towards further concentration of industrial R&D in the Northern countries. While production of goods developed as an outcome of this R&D may shift to Southern countries through the actions of multinationals, empirical evidence indicates this technology transfer will not likely lead to such benefits as productivity growth in the host country. Essentially, this means that stronger IPRs lead to technology transfer that benefits the North but not the South. General Field: Industrial Organization, International Trade JEL Classification No.: F43, O31, L19
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