TY - GEN N2 - The introduction of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement has established a global patent system requiring a high standard of patent protection. However, any consequential increase in patent applications will further strain the resources of patent offices worldwide. A monolithic ""World Patent Office"" granting ""World Patents"" will most likely remain a utopian idea but the Patent Cooperation Treaty (PCT) has successfully demonstrated how to emulate a ""World Patent Office"" processing ""World Patent Applications"". The current PCT only goes halfway towards the grant of a patent, hence, the logical step to handle an increase in patent applications would be to further develop the PCT towards a patent grant procedure. This has been recognized and in late 2000, the Assembly of the PCT Union decided to set up a special body to consider a formal request by the United States for a ""Reform of the Patent Cooperation Treaty"". AB - The introduction of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement has established a global patent system requiring a high standard of patent protection. However, any consequential increase in patent applications will further strain the resources of patent offices worldwide. A monolithic ""World Patent Office"" granting ""World Patents"" will most likely remain a utopian idea but the Patent Cooperation Treaty (PCT) has successfully demonstrated how to emulate a ""World Patent Office"" processing ""World Patent Applications"". The current PCT only goes halfway towards the grant of a patent, hence, the logical step to handle an increase in patent applications would be to further develop the PCT towards a patent grant procedure. This has been recognized and in late 2000, the Assembly of the PCT Union decided to set up a special body to consider a formal request by the United States for a ""Reform of the Patent Cooperation Treaty"". T1 - TRIPS, PCT and global patent procurement. AU - Nolff, Markus, CN - K1505 ID - 13189 KW - Patent laws and legislation. KW - Intellectual property. KW - Patents. KW - INTELLECTUAL PROPERTY : INTERNATIONAL AGREEMENTS : TRIPS KW - PATENTS : PATENT COOPERATION TREATY (PCT) SN - 9041197400 TI - TRIPS, PCT and global patent procurement. ER -