[bestbits] FW: New South Centre Paper: Innovation and the Global Expansion of Intellectual Property Rights: Unfulfilled Promises

[Becky Lentz]

fyi

From:  South  Centre <south=southcentre.int at mail131.atl21.rsgsv.net> on
behalf of South  Centre <south at southcentre.int>
Reply-To:  South  Centre <south at southcentre.int>
Date:  Thursday, August 25, 2016 at 11:12 AM
Subject:  New South Centre Paper: Innovation and the Global Expansion of
Intellectual Property Rights: Unfulfilled Promises

>   New South Centre Paper: Innovation and the Global Expansion of Intellectual
> Property Rights: Unfulfilled Promises
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> Announcing a New Research Paper from the South Centre
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> Innovation and the Global Expansion of Intellectual Property Rights:
> Unfulfilled Promises
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> South Centre Research Paper No. 70
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> August 2016
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> 24 pages
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> English
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> ISSN 1819-6926
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> The South Centre recently published Research Paper No. 70:  "Innovation and
> the Global Expansion of Intellectual Property Rights: Unfulfilled Promises,"
> authored by Carlos M. Correa. The incorporation of intellectual property into
> trade agreements has not proven to bring about the promised benefits. The
> premises that have underpinned the global strengthening and expansion of
> intellectual property through such agreements ­ namely that the same standards
> of protection are suitable for countries with different levels of development
> and that innovation will be boosted ­ do not match the reality.The effects of
> high standards of protection ­ as those mandated under the TRIPS Agreement and
> further extended under FTAs ­ have been critically examined in the developed
> countries themselves: ³[i]ntellectual property is Ša social contrivance
> purportedly designed to increase welfare, by supposedly enhancing innovation
> (thoughŠ it may actually have exactly the opposite effect)². If intellectual
> property does not work in developed countries as generally described by their
> proponents, the situation can only be worse in developing countries with weak
> science and technological infrastructures, scarcity of risk capital and
> unsophisticated production profiles. These countries are currently paying the
> price of a system which primarily serves as a platform to extract rents (in
> the form of royalty payments and high prices) and which does little to promote
> local innovation and economic development.The scenario for innovation in the
> pharmaceutical sector clearly illustrates that the conception underpinning the
> TRIPS Agreement was flawed from a global perspective. The rate of innovation
> has not increased, rather, it has declined and while developing countries
> struggle with high prices for medicines, R&D necessary to address their
> particular health needs continues to be marginalized. To access the research
> paper directly, go to this webpage:
> http://www.southcentre.int/research-paper-70-august-2016/
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