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Twenty-five years since TRIPS: Patent policy and international business

Author

Listed:
  • Suma Athreye

    (Essex Business School)

  • Lucia Piscitello

    (Henley Business School
    DIG, Politecnico di Milano)

  • Kenneth C. Shadlen

    (London School of Economics)

Abstract

In this introduction to the special issue, we take stock of the impact of the TRIPS agreement on international business in the hyper-globalised world of the late twentieth and early twenty-first century. We begin by providing a brief background on TRIPS, putting it in the historical context of international agreements on intellectual property (IP) and then looking at the logic of national patent policies, examining how policies may vary across countries, in theory, and reviewing literature that discusses the factors driving historical variation, in practice. We review the key issues in the domestic politics of implementation as the new rules migrate from the international to national levels. Lastly, we consider the implications of TRIPS for the governance of innovations in industries based on ICT and where ICT has enabled global value chains (GVCs), where the speed and distributed nature of innovation makes IPR simultaneously less effective and more necessary.

Suggested Citation

  • Suma Athreye & Lucia Piscitello & Kenneth C. Shadlen, 2020. "Twenty-five years since TRIPS: Patent policy and international business," Journal of International Business Policy, Palgrave Macmillan, vol. 3(4), pages 315-328, December.
  • Handle: RePEc:pal:joibpo:v:3:y:2020:i:4:d:10.1057_s42214-020-00079-1
    DOI: 10.1057/s42214-020-00079-1
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