This module deals with the economic underpinnings of the intellectual property system and the policies of the WIPO, WTO, and its main members (USA, EU, etc.) for the purposes of stimulating progress in the arts and sciences, innovation, fair trade, and the transfer of technology for the purpose of enhancing global economic growth and welfare. Taught by: Prof. Anselm Kamperman Sanders (UM)
At the end of this course, the student is conversant in the economic rationale and underpinnings of intellectual property law and is able to evaluate policy choices in relation to intellectual property policy and (global) welfare issues.
Standard literature plus additional materials (e.g. Akerlof, ‘The Market for Lemons’; Lévêque/Ménière, ‘The Economics of Patents and Copyright’; Aziz, ‘ Linking Intellectual Property Rights in developing countries’; Ribeiro Dubowy, ‘Subsidies Code, Trips Agreement, and Technological Development’; Schiappacasse, ‘Intellectual Property Rights in China’; Naghavi, ‘Strategic Intellectual Property Rights Policy and North-South Technology Transfer; Xu, ‘Trade, Patents and International Technology Diffusion’; Yang & Maskus, ‘Intellectual Property Rights, Licensing and Innovation’; Branstetter et al., ‘ Do Stronger Intellectual Property Rights Increase International Technology Transfer?’; etc.)