BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//jEvents 2.0 for Joomla//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:8d21048ec3636504d8d52af94b8e2a3e
CATEGORIES:Seminars
CREATED:20230720T080438
SUMMARY:Thomas Sampson - Lonson School of Economics
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nTrade, Innovation and Optimal Patent Protection\n\n\nAbstract:\nThis pa
 per studies optimal patent policy in open economies. We develop a quantitat
 ive model of patenting that integrates Helpman-Krugman and Eaton-Kortum tra
 de with Romerian growth. The theory captures the trade-off between the inno
 vation and market power effects of patent protection. We calibrate the mode
 l to estimate patent protection by destination and the geography of innovat
 ion. Counterfactual analysis shows that stronger patent protection has glob
 al benefits but local costs, resulting in inefficiently weak protection. Th
 ere are large potential gains from global cooperation, but realizing these 
 gains requires more innovative economies to offer stronger protection. By p
 ushing towards policy harmonization the TRIPS agreement reduces global welf
 are, with developing countries bearing the costs.\n
DTSTAMP:20260408T173834Z
DTSTART:20231120T143000Z
DTEND:20231120T160000Z
SEQUENCE:0
TRANSP:OPAQUE
END:VEVENT
END:VCALENDAR