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Bidding for brains : intellectual property rights and the international migration of knowledge workers

Author: Carol McAusland; Peter Joseph Kuhn; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2009.
Series: Working paper series (National Bureau of Economic Research), no. 15486.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from a global welfare perspective. These incentives become stronger as developing countries grow in size and wealth, thus  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Carol McAusland; Peter Joseph Kuhn; National Bureau of Economic Research.
OCLC Number: 463626227
Description: 1 online resource (28 pages) : illustrations, digital.
Series Title: Working paper series (National Bureau of Economic Research), no. 15486.
Responsibility: Carol McAusland, Peter J. Kuhn.

Abstract:

We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from a global welfare perspective. These incentives become stronger as developing countries grow in size and wealth, thus allowing them to prevent the "poaching" of their "brains" by larger, wealthier markets.

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