WIPO World Intellectual Property Report 2015 - Breakthrough Innovation and Economic Growth

The World Intellectual Property Organization (WIPO) has published it 2015 World Intellectual Property Report focussing on the role of IP in supporting the innovation and technological breakthroughs that have spurred economic growth over the centuries. 

The report includes a series of case studies that explore the concrete linkages between innovation, IP, and growth in six areas of breakthrough innovation. Three case studies focus on historical innovations: airplanes, antibiotics and semiconductors. The other three examine innovations that currently appear to hold breakthrough potential: 3D printing, nanotechnology and robotics.  It shows that IP incentivizes innovation, enables technology markets and by providing a flexible basis for licensing, IP enables specialization and is at the heart of modern technology markets.  Historically IP rights have always mattered for innovation incentives and in the future continuously investing in innovation will remain imperative for policymakers and business alike.  Policymakers will also need to ensure that the IP system contributes to an ecosystem conducive to innovative breakthroughs. Since the onset of the industrial revolution, the IP system has continuously adapted to the demands and challenges of newly emerging technology.
Click here for full WIPO report