Common Contracts
1 similar Trips Agreement contracts
THE TRIPS AGREEMENT AND ITS EFFECTS ON THE R&D SPENDING OF US-OWNED MULTINATIONAL COMPANIES IN DEVELOPING COUNTRIESTrips Agreement • August 30th, 2006
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) has revolutionized the way international intellectual property rights are defined and enforced. The biggest changes have been for developing countries that were required to adopt stringent US style intellectual property protection in return for membership in the World Trade Organization and the increased access to international markets associated with WTO membership. Many critics of the TRIPS regime argue that the new intellectual property protections are unduly burdensome to developing countries and that their costs far outweigh their benefits. On the other hand, TRIPS proponents contend that a high global level of intellectual property protection benefits developing countries by encouraging innovation and technology transfer, as well as attracting foreign direct investment. In this thesis, I test whether the strict intellectual property protection regulations required by the TRIPS agreement benefit develop
