Business, Management and Accounting
4 years ago

International law shifts intellectual property from incentives to assets, threatening public interests.

Michigan Journal of International Law
From Incentive to Commodity to Asset: How International Law is Reconceptualizing Intellectual Property
Rochelle Cooper Dreyfuss, Susy Frankel

Paper Summary

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International intellectual property agreements are changing how we view patents, copyrights, and trademarks. They are moving from being seen as incentives for innovation to being treated as commodities and assets. This shift can limit a country's ability to protect public interests like health and education. The focus on profit may hinder innovation and harm consumers. It's crucial to find a balance between protecting intellectual property and promoting public values.