Legborsi NWIABU | University of Abuja, Nigeria (original) (raw)
Papers by Legborsi NWIABU
The role of intellectual property (IP) law in the economy, trade and business as well as in socia... more The role of intellectual property (IP) law in the economy, trade and business as well as in social life has grown enormously both within industrial nations and on the international level. Deep changes in the ways that people create ideas, goods, and wealth are reshaping the global economy. Those changes make innovation—the creation of new goods and services-the center of economic activity. However, the resulting uncertainty and confusion about what exactly constitutes IP and the extent to which society can afford to grant and protect them has begun to impact negatively on science and innovation, economies and cultures, across the globe. The professionals, legislators and policy makers have already been repeatedly called upon to revisit this problem (the latest in the UK being the Adelphi Charter). The Adelphi Charter on Creativity, Innovation and Intellectual Property is a global statement of principles for a fair, user-friendly and efficient way of regulating creativity and intellectual property. It responds to one of the most profound challenges of the 21st century: How to ensure that everyone has access to ideas and knowledge, while being justly rewarded, and that intellectual property laws do not become too restrictive. It calls on governments to apply a new public interest test of copyright and patents. In response, TRIPS agreement, in 2007 made attempts to address these concerns by calling, in article 7, for intellectual property protection that would contribute to technical innovation and for the transfer of technology that would benefit both producers and users of intellectual property and would improve economic and social well-being. This decision basically added development to the TRIPS agenda as a key effort to address criticisms. Thus the Essence of this paper is that, the TRIPS Agreement strongly protects intellectual property rights at a global level with a view to stimulating creativity, inventiveness and technological progress. Yet, an over-protection and abuse of such rights might jeopardize the public interests in a sector that is of vital importance to the socioeconomic and technological development of several developing and least-developed countries.
The role of intellectual property (IP) law in the economy, trade and business as well as in socia... more The role of intellectual property (IP) law in the economy, trade and business as well as in social life has grown enormously both within industrial nations and on the international level. Deep changes in the ways that people create ideas, goods, and wealth are reshaping the global economy. Those changes make innovation—the creation of new goods and services-the center of economic activity. However, the resulting uncertainty and confusion about what exactly constitutes IP and the extent to which society can afford to grant and protect them has begun to impact negatively on science and innovation, economies and cultures, across the globe. The professionals, legislators and policy makers have already been repeatedly called upon to revisit this problem (the latest in the UK being the Adelphi Charter). The Adelphi Charter on Creativity, Innovation and Intellectual Property is a global statement of principles for a fair, user-friendly and efficient way of regulating creativity and intellectual property. It responds to one of the most profound challenges of the 21st century: How to ensure that everyone has access to ideas and knowledge, while being justly rewarded, and that intellectual property laws do not become too restrictive. It calls on governments to apply a new public interest test of copyright and patents. In response, TRIPS agreement, in 2007 made attempts to address these concerns by calling, in article 7, for intellectual property protection that would contribute to technical innovation and for the transfer of technology that would benefit both producers and users of intellectual property and would improve economic and social well-being. This decision basically added development to the TRIPS agenda as a key effort to address criticisms. Thus the Essence of this paper is that, the TRIPS Agreement strongly protects intellectual property rights at a global level with a view to stimulating creativity, inventiveness and technological progress. Yet, an over-protection and abuse of such rights might jeopardize the public interests in a sector that is of vital importance to the socioeconomic and technological development of several developing and least-developed countries.
The role of intellectual property (IP) law in the economy, trade and business as well as in socia... more The role of intellectual property (IP) law in the economy, trade and business as well as in social life has grown enormously both within industrial nations and on the international level. Deep changes in the ways that people create ideas, goods, and wealth are reshaping the global economy. Those changes make innovation—the creation of new goods and services-the center of economic activity. However, the resulting uncertainty and confusion about what exactly constitutes IP and the extent to which society can afford to grant and protect them has begun to impact negatively on science and innovation, economies and cultures, across the globe. The professionals, legislators and policy makers have already been repeatedly called upon to revisit this problem (the latest in the UK being the Adelphi Charter). The Adelphi Charter on Creativity, Innovation and Intellectual Property is a global statement of principles for a fair, user-friendly and efficient way of regulating creativity and intellectual property. It responds to one of the most profound challenges of the 21st century: How to ensure that everyone has access to ideas and knowledge, while being justly rewarded, and that intellectual property laws do not become too restrictive. It calls on governments to apply a new public interest test of copyright and patents. In response, TRIPS agreement, in 2007 made attempts to address these concerns by calling, in article 7, for intellectual property protection that would contribute to technical innovation and for the transfer of technology that would benefit both producers and users of intellectual property and would improve economic and social well-being. This decision basically added development to the TRIPS agenda as a key effort to address criticisms. Thus the Essence of this paper is that, the TRIPS Agreement strongly protects intellectual property rights at a global level with a view to stimulating creativity, inventiveness and technological progress. Yet, an over-protection and abuse of such rights might jeopardize the public interests in a sector that is of vital importance to the socioeconomic and technological development of several developing and least-developed countries.
The role of intellectual property (IP) law in the economy, trade and business as well as in socia... more The role of intellectual property (IP) law in the economy, trade and business as well as in social life has grown enormously both within industrial nations and on the international level. Deep changes in the ways that people create ideas, goods, and wealth are reshaping the global economy. Those changes make innovation—the creation of new goods and services-the center of economic activity. However, the resulting uncertainty and confusion about what exactly constitutes IP and the extent to which society can afford to grant and protect them has begun to impact negatively on science and innovation, economies and cultures, across the globe. The professionals, legislators and policy makers have already been repeatedly called upon to revisit this problem (the latest in the UK being the Adelphi Charter). The Adelphi Charter on Creativity, Innovation and Intellectual Property is a global statement of principles for a fair, user-friendly and efficient way of regulating creativity and intellectual property. It responds to one of the most profound challenges of the 21st century: How to ensure that everyone has access to ideas and knowledge, while being justly rewarded, and that intellectual property laws do not become too restrictive. It calls on governments to apply a new public interest test of copyright and patents. In response, TRIPS agreement, in 2007 made attempts to address these concerns by calling, in article 7, for intellectual property protection that would contribute to technical innovation and for the transfer of technology that would benefit both producers and users of intellectual property and would improve economic and social well-being. This decision basically added development to the TRIPS agenda as a key effort to address criticisms. Thus the Essence of this paper is that, the TRIPS Agreement strongly protects intellectual property rights at a global level with a view to stimulating creativity, inventiveness and technological progress. Yet, an over-protection and abuse of such rights might jeopardize the public interests in a sector that is of vital importance to the socioeconomic and technological development of several developing and least-developed countries.