Trade in Knowledge: Intellectual Property, Trade and Development in a Transformed Global Economy

Technological change has transformed the ways knowledge is developed and shared internationally, leading to a need for modern analytical tools to support policymakers and analysts. This publication offers insights into the prospects for knowledge-based development and ideas for updated systems of governance that promote the creation and sharing of the benefits of knowledge.

Format: Paperback / softback
Length: 866 pages
Publication date: 17 March 2022
Publisher: Cambridge University Press

The impact of technological change on the development and dissemination of knowledge on a global scale has been profound. Since the establishment of the World Trade Organization (WTO) and the implementation of its Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), the knowledge dimension of trade and the functioning of the intellectual property (IP) system have undergone significant transformations. Recognizing the urgent need to understand and adapt to these changes, knowledge has become a central focus in policy debates surrounding economic and social development.

This publication aims to provide a comprehensive understanding of the contemporary trade in knowledge and offer insights into the prospects for knowledge-based development. It brings together contributions from a diverse range of scholars and analysts, each offering their unique perspectives and expertise. By combining their insights, the publication seeks to provide a fresh perspective on what it means to trade in knowledge in today's technological and commercial environment.

In the first section, the publication explores the theoretical foundations of knowledge trade and examines the economic and social implications of knowledge dissemination. It discusses the role of intellectual property rights in fostering innovation, the challenges of protecting intellectual property in a globalized economy, and the potential benefits of open access to knowledge. The section also highlights the role of technology in facilitating knowledge trade, including the rise of digital platforms, the Internet, and other digital technologies.

The second section of the publication focuses on the practical aspects of knowledge trade. It examines the various modes of knowledge exchange, such as licensing, franchising, and technology transfer, and explores the challenges and opportunities associated with these modes. The section also discusses the role of governments, international organizations, and private sector actors in promoting knowledge trade and fostering innovation.

The third section of the publication examines the policy implications of knowledge trade. It discusses the need for effective policies and regulations to promote knowledge-based development, including intellectual property protection, investment in research and development, and the promotion of open access to knowledge. The section also highlights the role of international cooperation in addressing knowledge-related challenges, such as the piracy of intellectual property and the protection of cultural heritage.

In conclusion, the publication offers a valuable contribution to the ongoing debate about the role of knowledge in shaping economic and social development. By providing a comprehensive understanding of the contemporary trade in knowledge, it offers insights into the prospects for knowledge-based development and ideas for updated systems of governance that promote the creation and sharing of the benefits of knowledge. As technology continues to evolve and shape the global economy, it is clear that knowledge will remain a critical factor in driving innovation, growth, and prosperity.

Weight: 1396g
Dimension: 228 x 152 x 50 (mm)
ISBN-13: 9781108748476
Edition number: New ed