Munich Personal RePEc Archive

Information Economics and Intellectual Property Rights

Kannan, Srinivasan (2008): Information Economics and Intellectual Property Rights.

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Abstract

Intellectual property rights is a concern for developing countries ever since the publication of Dunkel proposal. Creation of WTO has generated fear in the minds of member nations. These efforts have been viewed as a strategy by the developed world to control the developing world. In India there were discussions on the impact of WTO on agriculture, manufacturing and service sectors. There were specific instances in which very strong criticisms were raised on the patenting of Basmati rice, ponni rice, turmeric and other agricultural products. There were also anxieties on what will be the impact of WTO in other sectors. One such sector is Information Technology. IT contributes substantially to Indian economy. It is very important to understand the importance of WTO and IPR on IT sector. The present article is an effort to discuss impacts of IPR on IT.

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