This book provides new insights for policy debates on how to strengthen the gains from trade for innovation through an inclusive trading environment that facilitates access to knowledge for all. Rising economic nationalism, especially in the United States, creates new challenges to an enlightened globalization agenda.
The US government has withdrawn from the Transpacific Partnership agreement (TPP) that once was considered to be the gold standard of megaregionalism, suggesting the need to highlight once again the critical role that international trade and investment play in fostering sustainable growth and prosperity. Fostering innovation and facilitating the links between trade and innovation are becoming increasingly important for developed and developing economies alike. But equally important are economic policies to ensure that gains and losses from trade for innovation are shared by all.
This book is a must read for trade economists, innovation economists, trade negotiators, trade lawyers, and academicians interested in current transformations in the global economy and their impact on innovation and economic growth.
Readership: Graduate students, researchers, and policymakers in the fields of international economics, international trade law, patent law and the economics of standardisation.
Dr Dieter Ernst is a Senior Fellow at the East-West Center/EWC (Honolulu, Hawaii, USA) and at the Centre for International Governance Innovation/CIGI (Waterloo, Canada). He is an authority on trade, global production networks and the internationalization of research and development in high-tech industries, with a focus on standards and intellectual property rights. His research examines corporate innovation strategies and innovation policies in the United States and in China, India, Taiwan, Korea, and Malaysia. Dr Ernst has provided testimony to US Congress, and has served as a member of the United States National Academies "Committee on Global Approaches to Advanced Computing"; senior advisor to the Organisation for Economic Co-operation and Development, Paris; research director of the Berkeley Roundtable on the International Economy at the University of California at Berkeley; professor of international business at the Copenhagen Business School; and scientific advisor to governments, private companies, and international institutions.
Professor Michael G Plummer is Director of SAIS Europe and the Eni Professor of Economics at the Johns Hopkins University, as well as (non-resident) Senior Fellow at the East-West Center. Previously he was Head of the Development Division of the Organization for Economic Co-operation and Development (OECD) in Paris and a tenured associate professor at Brandeis University. He was Editor-in-Chief of the Journal of Asian Economics (Elsevier) from 2007–2015 and President of the American Committee on Asian Economic Studies (ACAES) from 2008–2015. A former Fulbright Chair in Economics and Pew Fellow in International Affairs at Harvard University, he has been an Asian Development Bank (ADB) distinguished lecturer on several occasions and team leader of projects for various organizations including the Association of Southeast Asian Nations, the United Nations, the OECD, the ADB and the World Trade Organization. He has taught at more than a dozen universities in Asia, Europe, and North America. He has advised several governments on the Transpacific Partnership (TPP) negotiations and Asian economic integration, particularly in the ASEAN context. He is author/co-author of over 100 journal articles and book chapters.