Coherent Identifier About this item: 20.500.12592/4fw2cw

The Benefits of Intellectual Property Rights in EU Free Trade Agreements

10 January 2022

Summary

Chapter 6 covers the key question of what the economic effects are of stronger IP provisions in EU FTAs: what is the FTA coverage of IP-intensive trade, what are the macro-economic and sector-specific effects of stronger IP provisions in EU FTAs and what types of IP matter most for IP-intensive trade in goods. [...] Third, we broaden the analysis and relevance of IP in two ways in Chapter 7: 1) What is the relevance and what are the effects of stronger IP provisions in EU FTAs for individual EU Member States and selected non-EU trading partners; 2) What is the broader importance of IP for, for example, for the EU’s industrial policy, for pharmaceutical innovation, for sustainable development, for biodiversity. [...] Moreover, the more the economy grows on the back of knowledge and innovation, the greater the significance of IP that help the innovator to recoup the investment needed to generate the innovation, the more attractive that economy is for further investments into knowledge and innovation: it is a virtuous circle. [...] The more an economy grows on the back of knowledge and innovation, the greater the significance of IP that help the innovator to recoup the investment needed to generate the innovation, the more attractive that economy is for further investments into knowledge and innovation. [...] The TRIPS Agreement and the Emergence of Novel IP Provisions By the beginning of the 1980s it became clear that the GATT was no longer as well adapted to the realities of trade as it had been in the 1950s – in particular, with regard to intellectual property.

Pages
201

Tables

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