With the advent of the knowledge economy, the source of wealth creation is moving increasingly away from physical property towards intellectual property. Intangibles constitute a growing part of the market value of corporations. Countries are committing growing percentages of their national products to R&D. But the
resource of knowledge is unequally distributed around the globe, which poses a policy dilemma and a significant challenge to multilateralism. On the one hand, the stakes are higher and many countries see their comparative advantage in terms of return on investment in knowledge creation. At the same time, the speed of technological change is quickening and risks significantly outpacing the capacity of the multilateral system to provide a relevant response. On the other hand, many countries are suffering from the effects of the knowledge gap and the digital divide and seek greater sharing of the resource of knowledge. Can the multilateral system provide a balanced platform for accommodating these competing demands?
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Francis Gurry, Director General, World Intellectual Property Organization (WIPO)
- Tuesday, 28 July 2009
- 12.15 p.m. - 1.30 p.m.
Seminar Room 3-1
Level 3, Manasseh Meyer
Lee Kuan Yew School of Public Policy
469C Bukit Timah Road