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ERIC Number: ED507099
Record Type: Non-Journal
Publication Date: 2009-Nov
Pages: 1
Abstractor: As Provided
Reference Count: 0
Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers. NBER Working Paper No. 15486
McAusland, Carol; Kuhn, Peter J.
National Bureau of Economic Research
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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Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Bureau of Economic Research