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Intellectual Property: How Much Room is Left for Industrial Policy?

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  • Carlos M. Correa

    (Centre for Interdisciplinary Studies on Industrial Property and Economics, University of Buenos Aires, Buenos Aires, Argentina2The South Centre, Geneva, Switzerland)

Abstract

The early industrialization process in developed countries took place under flexible frameworks of intellectual property (IP) protection. Those countries, however, proposed and obtained in trade negotiations the adoption of an international IP regime that expanded and strengthened such protection. While the role of this regime, especially patents, in promoting innovation is controversial, it may effectively limit the ability of developing countries to implement industrial policies. These countries can preserve some room to implement such policies by using certain flexibilities, such as applying rigorous standards of patentability and granting compulsory licenses to broaden the space for local production.

Suggested Citation

  • Carlos M. Correa, 2016. "Intellectual Property: How Much Room is Left for Industrial Policy?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-22, June.
    • Handle: RePEc:wsi:jicepx:v:07:y:2016:i:02:n:s1793993316500125
    DOI: 10.1142/S1793993316500125
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    References listed on IDEAS

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