The Expansion and Restructuring of Intellectual Property and Its Implications for the Developing World.

In this paper we begin with a reference to the work of Hernando de Soto The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, and his characterization of the Western institution of formal property. We note the linkages that he sees between the institution and success...

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Published in:Ethical Theory & Moral Practice Vol. 11; no. 1; pp. 37 - 61
Main Author: Lea, David
Format: Article
Published: Springer Nature Jan2008
Subjects:
Online Access:View this record in EBSCOhost
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        10.1007/s10677-007-9084-4
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        au: Lea, David
        affil: Dept of International Studies , American University of Sharjah , Sharjah United Arab Emirates
      su:
        Intellectual property
        World Trade Organization
        Law & globalization
        Western civilization
        Developing countries
      sug:
        subj:
          Intellectual property
          World Trade Organization
          Law & globalization
          Western civilization
          Developing countries
      keyword:
        Development
        Ethical implications
        Income rights
      ab: In this paper we begin with a reference to the work of Hernando de Soto The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, and his characterization of the Western institution of formal property. We note the linkages that he sees between the institution and successful capitalist enterprise. Therefore, given the appropriateness of his analysis, it would appear to be worthwhile for developing and less developed countries to adjust their systems of ownership to conform more closely to the Western system of formal property. However, we go on to point out that property relationships within the Western system have become subject to redefinition through the expansion of Intellectual Property (IP) rights in ways that ultimately work to the disadvantage of the developing and less developed countries. We point out that this restructuring has been given global application through the implementation of the TRIPS agreement by the WTO. In the final section of the paper I suggest ways in which IP rights and relevant institutions can be reformed in order to avoid the disadvantages to the developing and less developed countries.
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    language: English
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