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"Intellectual property protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation. As the scale of the market increases, due either to economic and population growth or to the expansion of trade through treaties such as the World Trade Organization, this trade-off changes.We show that, generally speaking, the socially optimal amount of protection decreases as the scale of the market increases.We also provide simple empirical estimates of how much it should decrease"--Federal Reserve Bank of Minneapolis web site.
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Subjects
Intellectual property, Market share, MonopoliesEdition | Availability |
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Intellectual property and market size
2005, Federal Reserve Bank of Minneapolis
Electronic resource
in English
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Book Details
Edition Notes
Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 4/2/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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The Physical Object
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December 13, 2020 | Edited by MARC Bot | import existing book |
December 5, 2010 | Edited by Open Library Bot | Added subjects from MARC records. |
December 10, 2009 | Created by WorkBot | add works page |