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Intellectual Property Rights, Licensing, and Innovation
The paper develops a theoretical model in which firms in the North (developed nations) innovate products of higher quality levels and decide whether to produce in the North or transfer production rights to the South (developing nations) through licensing.
Geography
Link
http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2003/03/22/000094946_03030704153294/Rendered/PDF/multi0page.pdf#search=%22Intellectual%20Property%20Rights%2C%20Licensing%2C%20and%20Innovation%20Maskus%2C%20Keith%20E.%20%20Yang%2C%20Guifang%2