Intellectual property rights and economic development

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Intellectual property rights and economic development, Volume 1

Author:	Braga, Carlos A. Primo; Fink, Carsten; Sepulveda, Claudia Paz;	Collection Title:	World Bank discussion paper series ; no. WDP 412
Date Stored:	2002/09/19	Document Date:	2000/03/31
Document Type:	Publication	ISBN:	ISBN 0-8213-4708-X
Language:	English	Major Sector:	(Historic)Multisector
Report Number:	WDP412	Sub Sectors:	(Historic)Non-sector specific
SubTopics:	Environmental Economics & Policies; Rules of Origin; Knowledge Economy; Real & Intellectual Property Law; World Trade Organization	Volume No:	1

Summary: Over the past decade, the production of intellectual property rights (IPRs) has undergone tremendous changes--fostered on the one hand, by a widening of the range of products and technologies covered by proprietary rights and on the other hand, by policy shifts that have initiated a move towards globally harmonized standards of protection. This discussion paper reviews these changes and their implications for developing countries. It briefly outlines the main IPRs instruments, the institutions that govern IPRs at the national and international level, and the importance of IPRs in various economic activities. The economic effects of different IPRs regimes and their relationship to other areas of public policy are discussed subsequently. Based on this review, the paper explores approaches to IPRs reforms in developing countries. The authors conclude that recent changes in the IPRs field pose significant challenges to the developing world. At the same time, developing countries can enhance the benefits of recent policy changes by establishing an effective institutional framework for IPRs--one that facilitates access of local entrepreneurs to the IPRs system and that adopts a pro-competitive approach to intellectual property. Assistance from industrialized countries and multilateral organizations can make important contributions in this regard.


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