The Peterson Institute released its latest book Private Rights and Public Problems: The Global Economics of Intellectual Property in the 21st Century on September 27, 2012. Author Keith E. Maskus presented the main conclusions of his book, which offers a comprehensive analysis of the critical roles played by intellectual property rights (IPRs) in the global economy at a time when innovation and creativity are more important than ever for creating jobs and sustaining growth. In the book, he assesses the economic impact and challenges for the future of the unprecedented expansion of new and stronger IPRs over the past decade or so. He particularly analyzes the global system of intellectual property protection and criticisms that IPRs may restrict access to key technologies that could be used to address important global public needs.
Keith Maskus is professor of economics and associate dean for social sciences at the University of Colorado. He has been a visiting economist at the Federal Reserve Bank of Kansas City and the State Department and is a frequent consultant to the World Bank, UNCTAD, and the World Intellectual Property Organization. He is author of Intellectual Property Rights in the Global Economy, published in 2000 by the Institute and widely regarded as the definitive study of this topic.