TY  - JOUR
AU  - Boldrin,Michele
AU  - Levine,David K.
TI  - Growth and Intellectual Property
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 12769
PY  - 2006
Y2  - December 2006
UR  - http://www.nber.org/papers/w12769
L1  - http://www.nber.org/papers/w12769.pdf
N1  - Author contact info:
Michele Boldrin
Department of Economics
Washington University
Campus Box 1208
St. Louis, MO 63130-4899
E-Mail: micheleboldrin@gmail.com

David K. Levine
Washington University
Department of Economics
Campus Box 1208
St. Louis, MO 63130-4899
Tel: 314/935-5670
Fax: 314/935-4156
E-Mail: david@dklevine.com
AB  - 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 quantitative 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.
ER  -