Developing countries must prioritize intellectual property rights for economic growth.
The article discusses the connection between intellectual property (IP) rights and economic development. Some studies say the link is strong, while others say it's weak. Countries have changed their IP laws to meet their needs. Some countries with weak IP laws still grew economically. Strengthening IP rights often happens after economic growth. Not protecting IP can limit economic development. Following international IP agreements can help domestic inventors and attract foreign investors, but it can also make technology more expensive. Developing countries need to focus on IP for technological and economic growth.