Srinivasan's piece

Brad DeLong delong at econ.Berkeley.EDU
Sat Mar 3 09:33:59 PST 2001



>G'day all,
>
>Brad shares his full name with us:
>
>>Brad "I can calculate the motion of heavenly bodies but not the madness of
>>>crowds" DeLong
>
>Geez, what a pity you're an economist then, Brad!
>
>BTW, do you agree with Abbott's pronouncement that "[H]igh levels of IPRs
>protection would Š strengthen developing country economies. New IPRs
>infrastructures would encourage local innovation as developing country
>inventors were enabled to exploit the fruits of their own labor.

Nope.


>Foreign
>enterprises would be more willing to transfer technology as it became
>protected under local law. Foreign direct investment would increase as
>local conditions became more technology protection-friendly"?

Maybe.


>-Did Schumpeter have a point at all when he said competing companies
>(especially smaller domestic ones) are often less likely to invest in such
>things than ones protected from competition?

Yes.


>This matters if the 'monopoly
>rights' conferred by the IPR regime always get extended to outside firms,
>no?

Yep.


>-Is this why so high a proportion of technology transfer actually occurs
>within the firewalls of MNEs?

I suspect so...


>I mean, Abbott's being just a tad disingenuous here, doncha think? Seems
>to me at least some of the reasons Srinivasan finds that "[m]ost of the
>gainers from TRIPS are in rich developed countries and only a few, if any,
>in poor countries" might be found in the above list ...

Yep.



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