Product vs. Process Patent

University of Nottingham Research Paper No. 2004/18

25 Pages Posted: 2 Aug 2005

See all articles by Arijit Mukherjee

Arijit Mukherjee

University of Nottingham - School of Economics

Uday Bhanu Sinha

Indian Statistical Institute

Abstract

This paper provides a theoretical analysis of product and process patent regimes in the context of North-South trade. For some parametric configurations, we show that Northern government would favor the product patent regime in the South, although the Northern firm would prefer the process patent regime in the South leading to a conflict of interests between the Northern government and Northern firm. It is also possible that the Southern firm may prefer the product patent regime in the South whereas the Southern government prefers the opposite. Most interestingly, we find situations when Northern and Southern governments and both Northern and Southern firms are better off under the process patent regime in the South.

Keywords: Process patent, Product patent, North-South trade, Welfare

JEL Classification: D45, L12, O33

Suggested Citation

Mukherjee, Arijit and Sinha, Uday Bhanu, Product vs. Process Patent. University of Nottingham Research Paper No. 2004/18, Available at SSRN: https://ssrn.com/abstract=764104 or http://dx.doi.org/10.2139/ssrn.764104

Arijit Mukherjee (Contact Author)

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom
+44 115 9514733 (Phone)
+44 115 9514159 (Fax)

Uday Bhanu Sinha

Indian Statistical Institute ( email )

203 B. T. Road
Kolkata, West Bengal 700108
India

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