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OECD: Tech R&D, Innovation Hard-Hit By Economy, But May Be Turning Up

Information and communications technology (ICT) industries have been hard hit by the economic crisis but vary in the degree to which they have been able to sustain spending on research and development, according to a new report by the Organisation for Economic Co-operation and Development (OECD). Now there are signs the worst may be over for the sector if it can benefit from innovation to address social challenges.

EU Report Finds Fault With US Barriers To IP

The European Commission on Monday released a report finding fault with a number of United States practices related to intellectual property rights policy, on copyright, geographical indications, trademarks and patents. The report is an answer, one might say, to the US Special 301 report that criticises US trading partners it deems unilaterally to be insufficiently protecting its companies’ IP rights.

LDCs Commit To Use IP For Development At WIPO; Use Of Exceptions, Flexibilities Omitted

Officials from least developed nations on Friday agreed to a strategy for using intellectual property to encourage local innovation, protect national cultural and genetic resources, attract foreign direct investment, and spur development at a World Intellectual Property Organization forum on the use of intellectual property for “prosperity and development.” But they did not appear to highlight other options for development such as exceptions and limitations to copyright or flexibilities they are allowed in applying IP laws.

Lamy To Meet With WTO Membership On IP Issues; Breakthrough Unlikely

World Trade Organization Director General Pascal Lamy on Monday is expected to inform members that months of informal consultations on two key intellectual property issues on which a majority of governments would like a clear negotiating mandate have not yet resulted in an agreement. But proponents are hopeful the high-level attention to the subject will help start progress toward resolution in the future.

Innovation Policy Needs National Focus, Use Of TRIPS Obligations, Panellists Say

Innovation is a main driver for economic growth and development for developing countries, said speakers at an event focusing on innovation in Brazil, India and South Africa. But although innovation is increasing and is a priority in developing economies, one expert said invention capabilities remain in the hands of historical players and governments need to seek innovative policy responses.

Life-Saving Mosquito Nets Subject Of Tiff Over Trade Secrets

COPENHAGEN - While sales of insecticide-treated bed nets have skyrocketed in recent years and boosting their use is among the UN Millennium Development Goals, two producers of the nets have been caught in a rigorous legal case involving trade secrets. Now the English High Court has ruled that one of the companies, Bestnet, has misused the trade secrets of the other company, Vestergaard Frandsen (VF).