Abstract
This chapter focuses on the role of intellectual property protection (IPP) on global political economy. The first six topics discuss the overall positive effects of IPP on political economy, in terms of boosting economic development, licensing, international trade, foreign direct investment (FDI), welfare and technology transfer and innovation. However, this positive role on political economy is conditional on various environmental factors, and how these interact with IPP to promote the development of political economy is considered. The last topic examines the negative effects of IPP on political economy, including the direct costs of implementing an EPS, and the impacts on pricing, government expenditure, employment and dissemination, and so on.
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