Bidding For Brains: Intellectual Property Rights And The International Migration Of Knowledge Workers

Free registration required

Executive Summary

The authors introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. They 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.

  • Format: PDF
  • Size: 437.61 KB