Category Finance

Equal Innovation Seen As Critical To Economic Growth, Achievement Of UN MDGs

Slow and uneven economic growth was the main concern echoed by panellists participating in this morning’s high-level policy dialogue at the 2013 United Nations Economic and Social Council (ECOSOC) Substantive Session. Representatives from various intergovernmental agencies shared their perspectives on the status of the global economy with respect to innovation and the 2015 Millennium Development Goals (MDGs).

MSF: Prices On Latest ARV Drugs Under Patent Too High

The price of first- and second-line anti-retrovirals (ARVs) have declined due to increased generic competition, while third-line regimens remain “exorbitantly priced,” according to the latest edition of a publication from Médecins Sans Frontières (MSF).

Global Innovation Index: Most Innovative Keep Top Spots

Innovation is a main focus of the United Nations Economic and Social Council (ECOSOC) substantive session taking place in Geneva this week. Today, at the ECOSOC opening session, the 2013 Global Innovation Index (GII) was launched, which ranked Switzerland, Sweden, the United Kingdom, the Netherlands, and the United States as the top five most innovative countries in the world.

WHO Wrestles With Engagement Of “Non-State Actors”

The World Health Organization is undergoing major reform including working to stabilise its fiscal future, and members are trying to set out careful terms for working with and receiving support from entities referred to as non-state actors, such as private foundations and organisations.

WIPO Economics Working Paper On Mobility Of Inventors

Central American, Caribbean, and African economies have the most “inventor brain drain” in relation to the number of home country inventors, according to a recent working paper released by the World Intellectual Property Organization. Data for the study included information on inventor nationality and residence available in Patent Cooperation Treaty (PCT) applications.

WIPO Seminar Discusses Impact Of TRIPS On Pharmaceutical Innovation

The latest instalment of the World Intellectual Property Organization seminar series titled “The Economics of Intellectual Property” covered the issue of product patents in the pharmaceutical industry. Discussion focussed on the economics of intellectual property rights and how pharmaceutical patent protection might not be the sole culprit in the access to innovation problem.

WIPO Study: Informal Economy Important To Developing Country Growth, But No IP

During a recent meeting of the World Intellectual Property Organization Committee on Development and Intellectual Property (CDIP), a study on innovation in the informal economy was presented by the organisation's secretariat. The exercise was conducted in an effort to better understand how innovation occurs and how intellectual property is relevant in that context.

Financial IP Exchange To Launch First Contract Offering In June

The Intellectual Property Exchange International Inc. (IPXI), the world’s first financial exchange that facilitates non-exclusive licensing and trading of IP rights, will start offering a licence contract in June.