Oxford Review of Economic Policy volume 23, issue 4, P541-567 2007 DOI: 10.1093/oxrep/grm035 View full text
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C. Greenhalgh, M. Rogers

Abstract: Economists view intellectual property rights (IPRs) as policy tools for encouraging innovation, but they recognize that they can also inhibit competition. There are many types of IPRs and of institutions concerned with their administration. We begin by outlining how these complex and varied rights are supposed to work and how they interact with other characteristics of firms and markets. We then survey the available literature on patents, trade marks and copyright to assess the value of these IPRs to firms and…

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