27 Pages Posted: 9 Jul 2009
Intellectual property (IP) protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation. Optimal policy depends on the relative strength of these two forces. We give a quantitative assessment of current IP policies. We focus particularly on the scale of the market, showing that as it increases, due either to growth or to the expansion of trade, IP protection should be reduced.
Suggested Citation: Suggested Citation
Boldrin, Michele and Levine, David K., Market Size and Intellectual Property Protection. International Economic Review, Vol. 50, Issue 3, pp. 855-881, August 2009. Available at SSRN: https://ssrn.com/abstract=1432245 or http://dx.doi.org/10.1111/j.1468-2354.2009.00551.x
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