The legal sector has wide-ranging economic impacts, as it has close connections with the institutional architecture of trade and commerce. The intriguing interplay of law and economy indicates that the role law plays in society is not only to ensure social justice but also to guarantee the effective allocation of resources and the thriving of economy. This chapter, with IPRs system as its focus, adopts an economic perspective in analysing the establishment, infrastructure and efficiency of IPRs laws, so as to contribute a new approach to the evaluation IPRs system.

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Economic Analysis of China’s IPRs Regime: Effectiveness and Benefits

  • Handong Wu

摘要

The legal sector has wide-ranging economic impacts, as it has close connections with the institutional architecture of trade and commerce. The intriguing interplay of law and economy indicates that the role law plays in society is not only to ensure social justice but also to guarantee the effective allocation of resources and the thriving of economy. This chapter, with IPRs system as its focus, adopts an economic perspective in analysing the establishment, infrastructure and efficiency of IPRs laws, so as to contribute a new approach to the evaluation IPRs system.