ROLE OF INTELLECTUAL PROPERTY RIGHTS IN ECONOMIC GROWTH: THEORY AND EVIDENCE

 

ROLE OF INTELLECTUAL PROPERTY RIGHTS IN ECONOMIC GROWTH: THEORY AND EVIDENCE

Orkhan Hasanov

 

Abstract

This article will reveal pros and cons of IPRs on economic advancement, technology, and knowledge diffusion from both developed and LDCs perspective and will provide a correct balance referring to the recent developments and draft papers concerning this sphere. In addressing such enhancements, the article will highlight certain legislations adopted at inter (national) and regional level to establish a fair balance mechanism that will be able to lift problematic issues with the maximum effectiveness. In this respect, opinions and discussions in the academic literature and the studies concluded by the independent organisations also take a great deal of importance, because they may appear as a road map to define the boundaries of holistic/balanced approach to the matter based on the concept of fairness.
The article will deliver an analytical summary of the topic by referring to both primary and secondary academic materials. Increasingly, the applicable legal provisions will be examined, construed and evaluated before being compared and contrasted with other legislative basis using scholarly writing such as books, journal articles and working papers and publications by the relevant authorities. Since the topic has a broad scope, newspaper articles and reliable websites will also be used for the purpose of providing the most recent statistics and updated changes in appropriate places of the Article.

Keywords: Intellectual Property Rights, the Agreement on Trade-Related Aspects of Intellectual Property Rights, European Union

JEL Codes: K22, O34

DOI: 10.37708/el.swu.v4i2.4

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ROLE OF INTELLECTUAL PROPERTY RIGHTS IN ECONOMIC GROWTH: THEORY AND EVIDENCE

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