My favorite class this year was about the rise of China and India as international powers. It was taught by a former World Bank economist who has done much of the work on these two countries’ “knowledge economies.” My term paper examined intellectual property in China and India.

Although many objective observers see stronger intellectual property rights as an amenable, even necessary, policy for China and India, there are significant downsides to increasing IPR protection and enforcement. Strengthened IPR is likely to disproportionately advantage the developed world, decrease the ability of China and India to diffuse productivity-enhancing innovations, prove both insufficient and unnecessary for promoting innovation, and even be counterproductive to the countries’ innovation systems.

Here’s the entire paper. (Also available for download here.)
There Is No Harmony In a Patent Thicket: Towards an Effective IPR Regime in China and India