Chile, El Salvador, Peru, Kenya, Azerbaijan, South Africa and Uganda are participating in a forward-looking study to inform a new economic development policy based on leveraging the human capital formation of developing nations through markets in patents (licensing). A first pilot-study consisting of surveys of inventors on cross-border licensing practices and prices and video-workshops with inventors and policy makers from these countries were reported on Nov 26. The event was organised by WTO with introduction by Deputy Director General Mr. Yi and moderated by Mr. Koopman, chief economist at WTO.
The next steps to inform a national and international policy discussion were presented, including an already started statistics framework study – a key to measure the impact of such a policy.
A key initiative is to create a LDC package with the least developed countries (47 in 2018), providing everything needed to being licensing of their patented technology to the world, leveraging their human capital formation. Some of these inventor-companies may have the potential to become “economic locomotives” for these countries, creating opportunities for their nations.
The Foreign Office of the Kingdom of Sweden funded the pilot and the statistics study.
On October 26, 10-12, a presentation of the Trade in Ideas Program took place at the WTO for the Working Group on Trade and Transfer of Technology (WGTTT). El Salvador, a participant in the Trade in Ideas Pilot-study, had asked the EC, through Sweden, the funder of the pilot-study, to give an overview of the principle and program in eluding some early results.
If any additional information about the program is desired, please email: email@example.com
Enclosed is the powerpoint from the meeting. See: Powerpoint for WGTTT, 2018-06-27
ABC RN in Australia interviewed on “A Global Patent Market” as a consequence of the Op-Ed together with Edmund Phelps, Columbia.
Should there be a global patent market?
A new report argues that now ‘more than ever the world needs a framework of trade rules to facilitate the exchange of ideas across borders.
Eskil Ullberg is the co-author of that report and he believes that a cross -border technology exchange based on patent protection and enforcement mechanisms could release the creativity of both developed and developing countries.
So what would have to happen for this to work and does the WTO agree?
Hear interview can be listened to here.
Re-published op-ed with the World Economic Forum.