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Direction of innovation in developing countries and its driving forces
Economic Research Working Paper No. 69
Innovation is a major driving force of long-term economic growth and sustainable development. Direction of innovation matters because technical change is not neutral and hence bears significant social, economic and environmental development implications. This paper contributes to the literature through a systematic examination of the direction of innovation in developing and emerging economies and its driving forces. It shows that innovation in the global South exhibits a vibrant and diverse landscape when we do not confine ourselves with traditional research and innovation indicators. While emerging economies are accelerating their pace in inventive activities in fields such as ICTs, biotech and engineering, low-income countries (LICs) are also found to be active in learning-based, incremental “under-the-radar innovations” (URIs). These URIs that are introduced through international technology transfer and indigenous innovative efforts. Indigenous sources of URIs play a primary role in LICs, contributed by localised learning-by-doing, close interaction with customers and embeddedness in regional production networks and clusters. However, insufficient role of the state, a low science and technology intensity and a lack of university-industry linkage limit the potential of URIs. International technology transfer is another important driver of technical change in developing countries. However, its strengthen varies across countries due to differences in host country policy, absorptive capacity, and the type of foreign economic engagement that they have as well as the inappropriateness of transferred foreign technologies mostly from Global North. Given the status of direction of innovation and its driving forces in developing countries, this report argues that the unfolding 4th industrial revolution poses both challenges and opportunities to LICs. Policy implications are discussed.
Publication year: 2022
Calculating private and social returns to COVID-19 vaccine innovation
Economic Research Working Paper No. 68
What is the return to COVID-19 vaccine innovation? This paper seeks to quantify both private and social returns, using available data on commercialized vaccines and certain assumptions about the pandemic's epidemiological path as well as the economic costs of containment measures. The calculations reveal high returns to innovation. In the baseline scenario, the social benefit of vaccine innovation amounts to 70.5 trillion United States (U.S.) dollars globally, exceeding its private benefit by a factor of 887. The calculations bear on the private and public incentives to invest in vaccine innovation.
World Intellectual Property Report 2022: The Direction of Innovation
What is the direction of innovation? As the world looks to rebuild from the pandemic, innovation has a crucial role to play in opening up new growth possibilities and creating much needed solutions to the common challenges we face. Decisions on innovation may be complex, but, as this report highlights, it is vital that they are understood.
Rights, Camera, Action! Intellectual property rights and the filmmaking process
2nd Edition
Rights, Camera, Action! offers professionals in the audiovisual industry guidance on how to use intellectual property protection to generate business opportunities. The reader is taken through the different stages from securing finance to distribution to ensure a successful audiovisual production. With practical advice and enriching case studies from developing countries “Rights, Camera, Action!” will help individual filmmakers and distributors monetize their creative content.
Madrid Yearly Review 2022 – Executive Summary
International Registration of Marks
This executive brief identifies key trends in the use of the WIPO-administered Madrid System.
Sharing Knowledge, Building IP Skills – The WIPO Academy Review 2020–2021
This report presents the Academy's achievements in 2020 and 2021, and highlights the latest developments across programs, including new partnerships and course offerings.
Patent Cooperation Treaty (PCT)
Regulations under the PCT (as in force from July 1, 2022)
The Patent Cooperation Treaty makes it possible to seek patent protection for an invention simultaneously in each of a large number of countries by filing an "international" patent application. Such an application may be filed by anyone who is a national or a resident of a Contracting State.
WIPO IP Facts and Figures 2022
An overview of intellectual property activity based on the latest available year of complete statistics.
The WIPO Academy Portfolio of Education, Training and Skills Development Programs 2023
This Portfolio serves as a catalogue of all the training opportunities to be offered by the WIPO Academy in 2023 and outlines the content of each course. It gives information to potential participants on eligibility criteria, application formalities, timelines, selection procedures, travel and other relevant necessary information.
Publication year: 2023
Creative Expression: An Introduction to Copyright and Related Rights for Small and Medium-sized Enterprises
Creative Expression in the "Intellectual Property for Business” series of guides provides an introduction to copyright and related rights for business managers and entrepreneurs, explaining in simple language those aspects of copyright law and practice that affect the business strategies of enterprises. This revised and updated version has added content on some of the pressing issues of the day arising from the digital revolution; on levy systems, cloud storage, etc., as well as updated information on the new WIPO treaties such as the rights of performers in audiovisual performances in the Beijing Treaty on Audiovisual Performances and access to the visually impaired under the Marrakesh treaty.