The Vatican Concerned About Intellectual Property
from the access-to-knowledge dept
Unlike most claims from politicians that intellectual property only provides benefits, it notes that the economic research is "contradictory," because while granting someone a monopoly certainly increases activity in those areas, it also limits other areas of growth:
Evidence to date is fragmented and somewhat contradictory, in part because many of the concepts involved have not yet been measured. A stronger system of protection could either enhance or limit economic growth. While strengthening IPRs has potential for enhancing growth and development in the proper circumstances, it might also raise difficult economic and social costs. Indeed, developing economies could experience net welfare losses in the short run because many of the costs of protection could emerge earlier than the dynamic benefits. This situation explains why it is often difficult to organize a convergence of interests in favor of reform of intellectual property in developing countries.Of course, this actually applies to developed countries as well, but we'll skip over that for now. Still, it's nice to see at least some folks recognizing that intellectual property creates competing incentives, and that the only way to judge whether or not it's a net benefit involves looking at both impacts.
The adoption of stronger IPRs in developing countries is often defended by claims that this reform will attract significant new inflows of technology, a blossoming of local innovation and cultural industries, and a faster closing of the technology gap between developing and developed countries. It must be recognized, however, that improved IPRs by itself is highly unlikely to produce such benefits.