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000048793 003__ SzGeWIPO
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000048793 008__ 231213s2016    gw|||| |ob||||000|0 eng|d
000048793 040__ $$aSzGeWIPO$$beng$$erda$$dCaBNVSL
000048793 041__ $$aeng
000048793 24500 $$aThe Current System of Intellectual Property Rights Aims to Promote Trade and Not Innovation
000048793 264_1 $$a[Singapore] :$$bSpringer Singapore,$$c2016.
000048793 300__ $$a1 online resource (Chapter, pp. 199-208) :
000048793 336__ $$atext$$2rdacontent
000048793 337__ $$acomputer$$2rdamedia
000048793 338__ $$aonline resource$$bcr$$2rdacarrier
000048793 520__ $$aThis paper challenges three widely spread misunderstandings about the international protection of intellectual property: the TRIPS Agreement should not be blamed for failing to promote invention in developing countries because that was not its aim—its aim was (and still is) to promote free trade of goods and services bearing or displaying intellectual property. In this regard, the TRIPS Agreement has actually been very successful. Besides, the patent system should not be blamed for its alleged inadequacy in fostering innovation. There is no data that show the patent system works in one direction or the other. The patent system is a proprietary tool, a free market mechanism, and its purpose is to reduce costs as regards the transactions involving inventions, as compared to the significant transaction costs stemming from trade secrets and the enormous transaction costs arising from government patronage. Therefore, it is imprudent to suggest that the patent system should be abolished in the pharmaceutical field and replaced by open innovation and prizes. These mechanisms are already available, and inventors should be left free to select those that best serve their interests.
000048793 650_0 $$aIntellectual property
000048793 650_0 $$aPatents
000048793 650_0 $$aTrade-Related Aspects of Intellectual Property (TRIPS)
000048793 7001_ $$ade Carvalho, Nuno Pires,$$eauthor.
000048793 77308 $$iEuropean Yearbook of International Economic Law 2016$$aEdited by Marc Bungenberg, Christoph Herrmann, Markus Krajewski, Jörg Philipp Terhechte.$$dSpringer$$z9783319292151
000048793 85640 $$uhttps://link.springer.com/chapter/10.1007/978-3-319-29215-1_9$$zView this Ebook
000048793 904__ $$aBook
000048793 942__ $$2ddc$$cEBOOK
000048793 980__ $$aBIB