In a new article appearing in the peer-reviewed International Journal of Economic Development (IJED) (www.spaef.com/IJED_PUB/v8n1-2.html ), which is preceded by three expert commentaries, Lawrence Kogan of the Institute for Trade, Standards and Sustainable Development (ITSSD) explains why it is in Brazil’s and other ‘BRIC’ nations’ best interests to pursue a national innovation policy premised on IP-based scientific and technological innovation rather than IP opportunism.
The article discusses how, in today’s evolving global knowledge society, patents and trade secrets are economically valuable assets that are important to domestic as well as foreign investors, especially knowledge and technology-rich internationally focused companies. Furthermore, the article analyzes numerous studies that collectively describe how the establishment of a market-friendly national enabling environment that includes strong recognition and protection of temporary but exclusive private intellectual property rights will enable Brazil to attract the research and development-related foreign direct investment and technology transfers, and to realize numerous other incidental spillover benefits, that will dramatically improve its domestic industries, enhance its educational and health systems and satisfy its national innovation needs.
The article is entitled, Rediscovering the Value of Intellectual Property Rights: How Brazil’s Recognition and Protection of Foreign IPRs Can Stimulate Domestic Innovation and Generate Economic Growth ©.
The full article, abstract, table of contents and commentaries are accessible at: (http://www.itssd.org/white_papers.htm ).
The executive summary is accessible at: (http://www.itssd.org/pdf/ITSSD-BrazilPaper-ExecSummaryI.pdf )