GATT and TRIPs : application to developing countries

• Main Authors: Choo, Mei Theng, Liew, Mei Yoon, Tan, Hwee Chin
• Other Authors: Clement Chow
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/59629
• Institution: Nanyang Technological University

This report aims to highlight the issues of GAIT in the Uruguay Round, especially Trade Related Aspects of Intellectual Property Rights (TRIPs), which has attracted attention and caused much controversies from the world. Our study, which consists of data collections, literature review, analysis and evaluation, focuses on the economic effects of Intellectual Property Rights (IPR) ---patent infringement and the problems of IPR protection. A survey conducted by researchers in U.S., showing the importance of patent protection and other factors as a means of appropriation in stimulating R&D, is included. Besides, the extent to which patent protection should be reached out to developing countries is analysed, followed by a brief study of the pharmaceutical industry in the world and in China itself. In the concluding chapter, consequences of patent violation and possible strategies of foreign investors are offered in consideration of the problems discussed.