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. [...] Chemicals and IT services are two of the most important sectors for the US while telecom, pharmaceuticals, and scientific R&D are consistently one of the top-five sectors in the UK and across the selected EU countries.
- Pages
- 217
- Published in
- Belgium
