02 JUNE, 2022: In the seventh lecture in the series, ‘Inequality Conversations’, at 7 pm on June 20th 2022, Prof. Chirantan Chatterjee, Reader in Economics of Innovation at the Science Policy Research Unit (SPRU), University of Sussex, where he is also Co-Director of Policy Training and Executive Education, will speak on ‘Intellectual Property Rights and Wage Inequality’.
Watch here: https://youtu.be/duCPIaEVN64
The Centre for Public Policy, at Indian Institute of Management Bangalore, launched the ‘Inequality Conversations’ series in January this year, when the World Inequality Report was published. The webinar series at IIMB has featured, thus far, insightful and engaging conversations on inequality in the Indian context. Academicians from IIMB and researchers and domain experts have led discussions and answered questions on women’s legal rights and inequality, environmental inequality, taxation and inequality, inequality in rural India, and more as part of these conversations.
The lecture on June 20th, by Prof. Chirantan Chatterjee, will be the seventh in this series of conversations.
“From the Luddites during the British Industrial Revolution to recent labour market strifes in digital platform markets, we are once again seeing what has been long recognized. It is that while innovation and technology adoption contribute to long run economic growth, they may also contribute significantly to rising income inequality. Building on these insights, this talk, using recent research, will document how a change in the patent regime in India as a quasi-natural experiment impacted wage inequality between managerial and non-managerial workers in Indian manufacturing sector,” explained Prof. Chatterjee.
Citing from the paper, Intellectual Property Regimes and Wage Inequality by Bhattacharya, S, Chakraborty, P and Chatterjee, C. published in the Journal of Development Economics Intellectual property rights and wage inequality | VOX, CEPR Policy Portal (voxeu.org), he hopes to provide evidence that stronger intellectual property protection has a sharper impact on the demand for managerial skill for technologically advanced firms, highlighting both within and between firm inequality. “This effect also exhibits a snail-shape being more pertinent not for superstar firms but for middle-quartile firms among technology leaders.”
The talk will also elaborate on data challenges to measure wage inequality in India, discuss potential extensions of the study, thought experiment on normative public policy implications and lessons for LMIC countries using the findings from the paper.
ABOUT THE SPEAKER:
Chirantan Chatterjee is a tenured Reader in Economics of Innovation at the Science Policy Research Unit (SPRU), University of Sussex, where he is also Co-Director of Policy Training and Executive Education. SPRU, founded in 1966 by Chris Freeman, is one of UK’s pioneering innovation studies centre which also houses important innovation journals including FT-50 listed Research Policy. Prof. Chatterjee, in addition, is also a Visiting Fellow at the Hoover Institution, Stanford University, and a Visiting Professor of Economics at IIM Ahmedabad, India.
Over the last decade, his research has been published in several top peer reviewed journals like Management Science, The Rand Journal of Economics, Research Policy, Production and Operations Management, Journal of Development Economics, Journal of Health Economics, Social Science and Medicine, Strategy Science and Journal of Business Ethics among others and are available at www.chirantanchatterjee.com. He recently co-edited a book Flattening the Curve, which teases out lessons from COVID-19 and grand challenges for health, innovation and the economy.
He holds a PhD and MPhil from Carnegie Mellon University in Public Policy and Management, a B. Tech in Civil Engineering from Indian Institute of Technology, Roorkee, and an MBA from Indian Institute of Management, Calcutta. He tweets @chiruchat. He has been a former full-time faculty member of IIM Bangalore, Indian School of Business, and IIM Ahmedabad.
02 JUNE, 2022: In the seventh lecture in the series, ‘Inequality Conversations’, at 7 pm on June 20th 2022, Prof. Chirantan Chatterjee, Reader in Economics of Innovation at the Science Policy Research Unit (SPRU), University of Sussex, where he is also Co-Director of Policy Training and Executive Education, will speak on ‘Intellectual Property Rights and Wage Inequality’.
Watch here: https://youtu.be/duCPIaEVN64
The Centre for Public Policy, at Indian Institute of Management Bangalore, launched the ‘Inequality Conversations’ series in January this year, when the World Inequality Report was published. The webinar series at IIMB has featured, thus far, insightful and engaging conversations on inequality in the Indian context. Academicians from IIMB and researchers and domain experts have led discussions and answered questions on women’s legal rights and inequality, environmental inequality, taxation and inequality, inequality in rural India, and more as part of these conversations.
The lecture on June 20th, by Prof. Chirantan Chatterjee, will be the seventh in this series of conversations.
“From the Luddites during the British Industrial Revolution to recent labour market strifes in digital platform markets, we are once again seeing what has been long recognized. It is that while innovation and technology adoption contribute to long run economic growth, they may also contribute significantly to rising income inequality. Building on these insights, this talk, using recent research, will document how a change in the patent regime in India as a quasi-natural experiment impacted wage inequality between managerial and non-managerial workers in Indian manufacturing sector,” explained Prof. Chatterjee.
Citing from the paper, Intellectual Property Regimes and Wage Inequality by Bhattacharya, S, Chakraborty, P and Chatterjee, C. published in the Journal of Development Economics Intellectual property rights and wage inequality | VOX, CEPR Policy Portal (voxeu.org), he hopes to provide evidence that stronger intellectual property protection has a sharper impact on the demand for managerial skill for technologically advanced firms, highlighting both within and between firm inequality. “This effect also exhibits a snail-shape being more pertinent not for superstar firms but for middle-quartile firms among technology leaders.”
The talk will also elaborate on data challenges to measure wage inequality in India, discuss potential extensions of the study, thought experiment on normative public policy implications and lessons for LMIC countries using the findings from the paper.
ABOUT THE SPEAKER:
Chirantan Chatterjee is a tenured Reader in Economics of Innovation at the Science Policy Research Unit (SPRU), University of Sussex, where he is also Co-Director of Policy Training and Executive Education. SPRU, founded in 1966 by Chris Freeman, is one of UK’s pioneering innovation studies centre which also houses important innovation journals including FT-50 listed Research Policy. Prof. Chatterjee, in addition, is also a Visiting Fellow at the Hoover Institution, Stanford University, and a Visiting Professor of Economics at IIM Ahmedabad, India.
Over the last decade, his research has been published in several top peer reviewed journals like Management Science, The Rand Journal of Economics, Research Policy, Production and Operations Management, Journal of Development Economics, Journal of Health Economics, Social Science and Medicine, Strategy Science and Journal of Business Ethics among others and are available at www.chirantanchatterjee.com. He recently co-edited a book Flattening the Curve, which teases out lessons from COVID-19 and grand challenges for health, innovation and the economy.
He holds a PhD and MPhil from Carnegie Mellon University in Public Policy and Management, a B. Tech in Civil Engineering from Indian Institute of Technology, Roorkee, and an MBA from Indian Institute of Management, Calcutta. He tweets @chiruchat. He has been a former full-time faculty member of IIM Bangalore, Indian School of Business, and IIM Ahmedabad.