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Inter-regional Workshop on Economic Aspects of Intellectual Property (IP). Needs and Expectations towards the Development of the Tool on the Economic Aspects of IP in Countries in Transition Speaker: Tereza Pigova. Lviv , Ukraine. 22 rd February, 2011. Importance of the economic tool.
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Inter-regional Workshop on Economic Aspects of Intellectual Property (IP) Needs and Expectations towards the Development of the Tool on the Economic Aspects of IP in Countries in TransitionSpeaker: TerezaPigova Lviv, Ukraine 22rd February, 2011
Importance of the economic tool Clarify the true relationship between the intellectual property rights (IPRs) and the economic growth of a country Economic tool Reinforce the flow of information between the IP offices and the WIPO more transparent and effective cooperation • Initiative coming from the region’s IP offices
Transition from centrally planned economies to market driven economies in the former Soviet bloc and Eastern Europe Unique field experiment Changes in the political, legal and economic environment Before 1989 - 1991 After 1989 - 1991
Main constraints 2. Findings Lack of availability of data • Information asymmetry
Ownership of IP Rewards and recognition 3. Suggestions Innovative activities What kind of information is needed? Economic data Intellectual Property Rights Innovation New products and technologies Economic growth
Problems due to: • Unclear classification • Intrinsic variability • Classification of patents is not based on their economic significance • How to use patents statistics?
Patents remain the best available proxy for innovation. Its uniqueness lies in wide availability and good accessibility of the data; and its industrial, organizational, and technological detail.
Country A Increasedeconomic growth Foreign Direct Investment (FDI) and the investor’s willingness to invest: The greater the attractiveness of a country, the higher the willingness of the investor to invest Country B
Favorable or Functioning Non-favorable or Non-functioning versus Measure and compare the different IP regimes IPRI REPORT
2010 Results (for DCEA’s region): • The average in countries in North America was 8.2 in 2010
Counterfeit and Piracy (C&P) trade: Effects are three-fold
Firm’s market value • Intangible • Tangible
Concluding remarks ULTIMATE GOAL
TerezaPigova tereza.pigova@gmail.com +44 (0) 759 875 3461