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Words: | Submitted: Mon Sep 27 2004
... the developing worlds. So, this essay begins by looking at the general introduction and background to TRIPs agreement. Subsequently, the essay outlines the agreements that are advance in support two mutually contradictory statements. The potential impact of the most contentious article of the TRIPs agreement, namely Article 27.3 and Article 31 upon the developing world are then assessed in detail. The third part of this paper deals with the facts that drive from adoption of TRIPs in developing world, in order to address the forth part, where author clarify own opinion based on previous analysis. According to Fink (2000:4), intellectual property rights "form the basis for scientific and economic development" because they offer an incentive to someone, either individuals or organizations, to invest time and knowledge in research activities. Inventors are given the right to "derive monopoly profits" (Fink 2000:5), which means that only they are allowed to exploit their ...
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