Abstract
This paper provides a theoretical analysis of product and process patent regimes in the context of North-South trade. For some parametric configurations, we show that Northern government would favor the product patent regime in the South, although the Northern firm would prefer the process patent regime in the South leading to a conflict of interests between the Northern government and Northern firm. It is also possible that the Southern firm may prefer the product patent regime in the South whereas the Southern government prefers the opposite. Most interestingly, we find situations when Northern and Southern governments and both Northern and Southern firms are better off under the process patent regime in the South.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
