nep-ipr New Economics Papers
on Intellectual Property Rights
Issue of 2024‒01‒15
two papers chosen by
Giovanni Battista Ramello, Università di Turino

  1. Incentives in R&D markets: Analysing the relation between the elasticities of patent values and the optimality of patent policy By Meller Leandro Matías
  2. Cross-border Patenting, Globalization, and Development By Jesse LaBelle; Immaculada Martinez-Zarzoso; Ana Maria Santacreu; Yoto Yotov

  1. By: Meller Leandro Matías
    Abstract: The objective of this article is to analyse the relation between the conditions for the optimality of patent policy and the elasticities of the social and private values of innovation. It is also an objective to study the influence of the coexistence of independent innovations and the cumulative nature of innovation in such conditions. Three models have been proposed: the first one textcite{takalo2001} represents a scenario with an isolated innovation, the second one features two independent innovations, and the third model features two linked innovations, one of which is a ``research tool'' for the development and the introduction of the other one. Sufficient conditions for the optimality of patents with maximum breadth or infinite length were presented.
    JEL: O34 K3
    Date: 2023–11
  2. By: Jesse LaBelle; Immaculada Martinez-Zarzoso; Ana Maria Santacreu; Yoto Yotov
    Abstract: We build a stylized model that captures the relationships between cross-border patenting, globalization, and development. Our theory delivers a gravity equation for cross-border patents. To test the model’s predictions, we compile a new dataset that tracks patents within and between countries and industries, for 1980-2019. The econometric analysis reveals a strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A counterfactual welfare analysis suggests that the increase in patent flows from North to South has benefited both regions, with South gaining more than North post-2000, thus lowering real income inequality in the world.
    Keywords: cross-border patents; gravity; policy; globalization; development
    JEL: F63 O14 O33 O34
    Date: 2023–12

This nep-ipr issue is ©2024 by Giovanni Battista Ramello. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.