Book reveiw

July 2009

Available from WIPO's E-Bookshop, ISBN 978-92-805-1791-0, Price 30 Swiss francs
Available from WIPO's E-Bookshop, ISBN 978-92-805-1791-0, Price 30 Swiss francs

Economics of Intellectual Property

Empirical economic research on intellectual property (IP) in developing countries and countries in transition is limited, making it difficult for policymakers to rely on such evidence when taking decisions on IP. his is the main conclusion of a recent WIPO publication entitled: “The Economics of Intellectual Property: Suggestions for Further Research in Developing Countries and Countries with Economies in Transition” (WIPO publication No. 1012).

The publication, which includes papers from renowned international economists, focuses on six selected themes: (1) Innovation and Appropriability Strategies; (2) Intellectual Property and International Technology Transfer;  (3) The Economics of Copyright; (4) the Economics of Geographical Indications (5) Intellectual Property Rights and Pharmaceuticals; and (6) IP Rights and Knowledge Transfer from Universities and Public Research Organizations.

The papers provide an overview of the empirical literature on each theme, highlight the key gaps in the literature and provide some suggestions for future research. The first draft of the papers was discussed at the International Roundtable on the Economics of IP held at WIPO in November 2007. The publication includes revised versions of these papers as well as comments made at the Roundtable in order to provide a range of different views on ways in which the themes could be further studied in developing countries and countries in transition.

By Esteban Burrone, Development Agenda Coordination Division, WIPO

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