Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Personal property law > Intellectual property, copyright & patents
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Law & Economics of IPRs (Hardcover)
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Law & Economics of IPRs (Hardcover)
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Intellectual property is at the centre of the "new economy". New
economy products are characterised by declining average costs over
a range of output, high rates of innovation, and network effects.
The return deriving from IPRs is directly correlated to the
duration as well as the scope of those rights. The center of IP
rights has moved further and further upstream over the past
century, to the point of now protecting living organisms, basic
research tools, and procedural methods as well as mathematical
algorithms and databases. Globalisation and the exploitation of ICT
open up opportunities for promoting democracy and wealth in poorer
countries. Efficiency-seeking FDI increases competitiveness and the
trademark of the competition law is the protection of those
principles and practices which facilitate the efficient functioning
of markets. Capital flows, in particular FDI, are one of the
crucial components of globalisation and international integration.
FDIs capitulate more benefits than other types of financial flows
in addition to increasing domestic capital stock. This book
describes in detail the law and economics of IPRs.
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