Intellectual Monopoly in Global Value Chains

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* Article: Intellectual Monopoly in Global Value Chains]]. By Cédric Durand & William Milberg. Review of International Political Economy, Volume 27, 2020 - Issue 2, Pages 404-429

URL = https://www.tandfonline.com/doi/full/10.1080/09692290.2019.1660703


Description

"This paper analyses the role of intangibles in global value chains (GVCs). We find that the intensification of the use of intangible assets within these chains has created new sources of market power. The analysis builds the notion of Intellectual Monopoly Capitalism, where government protections of intellectual property have the effect of locking in the monopoly power from intangible asset creation."


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