Importance of Intellectual Property for Innovation and Technology Transfer

The World Intellectual Property Organisation (WIPO) and the UN Industrial Development Organisation (UNIDO) are currently exploring opportunities to formalize and further strengthen their cooperation to leverage their respective expertise in support of sustainable development. UNIDO thinks that while stronger IPR protection can ultimately reap rewards in terms of greater domestic innovation and increased technology diffusion in developing countries with sufficient capacity to innovate, it has little impact on innovation and diffusion in those developing countries without such capacity and may impose additional costs. In this context, Mr Francis Gurry, WIPO Director General, spoke to UNIDO member states on May 10, 2010 in Vienna about the critical role of IP as a tool for enabling innovation, the practical transfer of technology and industrial competitiveness, addressing the following key issues: The IP system played a key role in facilitating technology transfer by incentivizing investment in innovation, providing a framework for trading intellectual assets, and by establishing market order through marks and brands ...Zum vollständigen Artikel

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