Jump to ContentJump to Main Navigation
Global Public GoodsInternational Cooperation in the 21st Century$
Users without a subscription are not able to see the full content.

Inge Kaul, Isabelle Grunberg, and Marc Stern

Print publication date: 1999

Print ISBN-13: 9780195130522

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0195130529.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 25 May 2019

Health as a Global Public Good

Health as a Global Public Good

Chapter:
(p.284) Health as a Global Public Good
Source:
Global Public Goods
Author(s):

Lincoln C. Chen

Tim G. Evans

Richard A. Cash

Publisher:
Oxford University Press
DOI:10.1093/0195130529.003.0014

Today we recognize that knowledge is not only a public good but also a global public good. We have also come to recognize that knowledge is central to successful development. The international community has a collective responsibility for the creation and dissemination of one global public good – knowledge for development. But how can we deal with the dilemma of reconciling the often contradictory incentives for the production and for the dissemination of knowledge? States must decide to what extent there should be public provision and to what extent private production should be encouraged through strengthened intellectual property rights. Designing the appropriate intellectual property rights regime entails balancing static and dynamic efficiency. Indeed, because research (knowledge) is one of the most important inputs into the production of further knowledge, raising the “price” of knowledge may actually reduce follow‐on research and slow the pace of innovation. Thus, it is essential to reward research and innovation by firms while ensuring widespread access to knowledge and protection against monopoly rents. Issues of equity and efficiency interplay here, as most innovations incorporate ideas that are part of the common pool of knowledge. Narrowing the knowledge gap between developing and developed countries requires the construction of strong domestic knowledge infrastructures, most notably in education. Because knowledge is a global public good, Stiglitz argues that successfully meeting the challenges posed by knowledge externalities depends critically on cooperative efforts at the international level.

Keywords:   dynamic efficiency, global public goods, incentives, information, innovation, intellectual property rights, knowledge, public goods, science, static efficiency, technological change, technology

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .