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Journal Article
Technology Transfer and Regional Trade Agreements
The growing importance of intellectual property rights in regional trade agreements has been associated with increased technology transfer.
Journal Article
Business method patents take center stage at Atlanta Fed conference
A recent Atlanta Fed conference focused on the economic and legal issues surrounding business method patent developments in the U.S. financial services industry.
Working Paper
Protecting social interest in free invention
Working Paper
Intellectual property rights and standard setting in financial services: the case of the Single European Payments Area
For many reasons, payment systems are subject to strong network effects; one of those is the necessity of interoperability among participants. This is often accomplished via standard-setting organizations. The goal of the Single European Payments Area (SEPA) is to establish modern cross-boarder consumer payment systems for Europe. This too will require a standard-setting arrangement. But patents are also becoming an important feature of electronic payment systems and thus standard setting under SEPA should incorporate a policy to address the ownership and licensing of essential intellectual ...
Report
Rent-seeking and innovation
Innovations and their adoption are the keys to growth and development. Innovations are less socially useful, but more profitable for the innovator, when they are adopted slowly and the innovator remains a monopolist. For this reason, rent-seeking, both public and private, plays an important role in determining the social usefulness of innovations. This paper examines the political economy of intellectual property, analyzing the trade-off between private and public rent-seeking. While it is true in principle that public rent-seeking may be a substitute for private rent-seeking, it is not true ...
Journal Article
Research spotlight : Fine-tuning
Journal Article
The Rise of Asia as a Destination for U.S. Patenting
China has become one of the main destinations where U.S. inventors seek to protect their intellectual property.