Intellectual Property Rights And Developing Countries.
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2010
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Abstract: Knowledge is the multidimensional outcome of human intellect. Intellectual
Property Rights system (IPRs) is considered from economic and legal aspect as the
ownership rights for the excessive use of innovation and creative work. IPRs are measured
to encourage innovation, promote investment in S&T and make the technologies for public
benefit. But history shows that from the time of industrial revolution in Europe and during
twentieth century in the North America and Japan, IPRs contribute to the S&T driven
economic growth. Therefore, there is a fair and consistent relationship between strength of
IPRs and per capital income. A recent study of World Bank suggested that the major
beneficiaries of IPRs in terms of enhanced value of patents are the developed countries
with USA along made an annual gain of US $ 20 billion while developing country face an
annual loss of 7.5 billion on royalties and license fees. Moreover, for the developing
county, while indigenous technological capability is a significant determinant to economic
growth and poverty reduction, no exact relationship has been established between the IPRs
and economic growth. Developed countries and business corporations who are benefited
directly from IPRs regime insist on implementation of strong IPRs for all countries. Need
for strong IPRs for developing and least developed countries are discussed. Strong IPRs
for all countries whether it leads to transfer of wealth from poor countries to rich countries
to further widen the economic divide is a major ethical concern.
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Hossain Arif, Lasker Shamima Parvin. Intellectual Property Rights And Developing Countries. Bangladesh Journal of Bioethics. 2010; 1(3): 43-46.