Innovation and the Global Expansion of Intellectual Property Rights: Unfulfilled Promises

25 August 2016

The effects of high standards of protection – as those mandated under the TRIPS Agreement and further extended under FTAs – have been critically examined in the developed countries themselves: “[i]ntellectual property is …a social contrivance purportedly designed to increase welfare, by supposedly enhancing innovation (though… it may actually have exactly the opposite effect)”.

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