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Rise in intellectual property is changing the face of innovation

Science|Business Reporting

WIPO report highlights how intellectual property is moving from being a purely technical issue to become a central part of innovation policy

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Ownership of intellectual property (IP) rights has become central to the strategies of innovative companies worldwide, with increasing investment in R&D and the development of global markets driving demand for patents from 800,000 applications in the early 1980s to 1.8 million in 2009, according to the World Intellectual Property Organisation.

As a result, IP policy has moved to the forefront of innovation policy. The increased focus on knowledge, the focus given to innovation in emerging economies,...

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