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The Trips Agreement Does Little to Promote the Development of Technology Transfer to Developing Countries (Agreement on Trade-Related Aspects of Intellectual Property Rights) (Essay)

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eBook details

  • Title: The Trips Agreement Does Little to Promote the Development of Technology Transfer to Developing Countries (Agreement on Trade-Related Aspects of Intellectual Property Rights) (Essay)
  • Author : Management Science and Engineering
  • Release Date : January 20, 2009
  • Genre: Education,Books,Professional & Technical,
  • Pages : * pages
  • Size : 246 KB

Description

1. INTRODUCTION A great Chinese who was a politician and a Strategist--Deng Xiaoping said: Science and technology constitute a primary productive force. This is true enough, as can be seen from British history: the industrial revolution originates from the invention of the steam engine. Thereafter can be seen that the progression of science and technology; useful inventions are very important. Such things all depend on human intellect, which is able to generate tremendous economic benefit. Intellectual property has enormous value. When people notice this they try to control this kind of property. They make rules which allow people to own their creativity and innovation in the same way that they can own physical property. The owner of intellectual property can control and be rewarded for its use. This encourages further innovation and creativity to the benefit of us all. Each country has a different situation so their IP laws have different regulations. During the development of integration with the global economy, many international rules of intellectual property rights were contributed such as the WIPO. In 1996 an agreement between WIPO and WTO came into force. The purpose of the agreement was to provide for co-operation between the two bodies in the implementation of the TRIPS agreement. TRIPS (Trade-related aspects of International Property Right) was the product of WTO's 1988-94 Uruguay Round of trade negotiations. It came into effect in 1995. Its broad purpose is to harmonise the manner in which intellectual property is protected worldwide and to provide a mechanism for settling disputes between WTO members. (Davis J P11)


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