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Annual financial report and financial statements
WIPO financial statements are submitted to its Assemblies of Member States in accordance with the Financial Regulations and Rules.
Publication year: 2018
Immigrants' Contribution to Innovativeness: Evidence from a Non-Selective Immigration Country
Economic Research Working Paper No. 52
The economic consequences of migration are hotly debated and a main topic of recent political movements across Europe. We analyze Polish immigration in the context of the 2004 enlargement of the European Union and find a positive and significant spillover effect of the immigrants on the number of local inventors in German counties in 2001-2010. For causal identification, we exploit a historical episode in the Polish migration history to Germany before the fall of the Iron Curtain and construct a shift-share instrument. Our results differ from findings for high-skilled migration to the United States, which is particularly interesting as Polish immigration to Germany was not based on selection by qualification in our period of analysis.
Economic Research Working Paper No. 51
Companies use trademarks to protect their brands from outright imitation or competition by confusingly similar products. However, publication of trademark filings by the trademark office discloses information about a firm's new product or service. This creates a trade-off between legal protection and disclosure of information. We analyze the trade-off through the lens of “submarine trademarks” in the U.S. – submarine trademarks are trademarks whose publication and hence disclosure to the public is strategically delayed. This is achieved through a particular international filing strategy that is often combined with the use of shell companies to further conceal the trademark filing. These submarine strategies allow companies to benefit from legal trademark protection while reducing the risk of inadvertent disclosure of information. We provide the first systematic evidence of submarine trademarks and explore both their determinants and their effectiveness in reducing the disclosure of information.
Spreading the message, building respect
This brochure highlights a few of the tools we produce to raise awareness about key intellectual property issues, from outreach publications for children to support communications campaigns by IP offices.
Unpacking predictors of income and income satisfaction for artists
Economic Research Working Paper No. 50
The stereotype of the “starving artist” is pervasive in modern Western culture, but previous research on artists and income is mixed. The goal of this study is to explore how several demographic variables, along with self-reported behaviors and artistic activities associated with non-monetary and monetary motivators, predict income and income satisfaction for artists.Using unique survey data on current working artists in the United States, we provide empirical evidence on substantial reputational rewards and rewards from altruistic behaviors as important sources of artists' utility and, arguably, sources of their motivation to create new works. Moreover, we find that the evidence on “procedural” utility from working in the arts is less straightforward, and we find that many artists are pooling and diversifying financial risks on household levels. Overall, quantitative findings indicate that artists may have different criteria and conceptualizations when it comes to income, and they may derive value from their work in a variety of ways aside from income.
Intellectual property use in middle income countries: the case of Chile
Economic Research Working Paper No. 43
We analyze the use of intellectual property (IP) by firms in Chile over the decade 1995-2005 as the then middle-income country experienced rapid economic growth of 4.7 percent per year. We use a novel dataset that contains a combination of detailed firm-level information from the annual manufacturing census, information on firms' innovative activities from Chile's innovation surveys, and firms' patent, industrial design, and trademark filings with the Chilean IP office. We use these data to look at how IP use by companies has changed over time and analyze the determinants of IP use, in particular first-time use. We find that sales growth prompts first-time use of patents and trademarks, though such use does not change the growth trajectory of firms nor does it improve their total factor productivity. We also find that trademark use is associated with new-to-the-world product innovation, which suggests that branding may be an important mechanism to appropriate returns to innovation in a middle-income country like Chile.
A multi-purpose IP education resource
Enhancing Innovation in the Ugandan Agri-Food Sector: Robusta Coffee Planting Material & Tropical Fruit Processing
Economic Research Working Paper No. 42
Uganda's innovation performance in recent years has consistently outpaced other low-income and Sub-Saharan African countries. Though encouraging, this nascent progress will only benefit the broader Ugandan population if policy makers address specific constraints in the innovation systems of the critical agri-food sector, which is hampered by low productivity and profitability. In this report, we explore these constraints using an agricultural value chains framework with particular focus on the Robusta Coffee Planting Material Pipeline and tropical fruit processing.
BVGH Partnership Hub Report - Annual Report 2017
Report of the Director General to the 2018 WIPO Assemblies
This report is a presentation of the work accomplished by the Organization during the year that has passed since the last meeting of the WIPO Assemblies.