Minutes - TRIPS Council - View details of the intervention/statement

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1. Meeting date

2. Chairperson

H.E. Ambassador Dr. Walter Werner

3. Intervention by

Chile

4. Agenda item

11   INTELLECTUAL PROPERTY AND INNOVATION: SUMMARY OF THE 2018 THEME – THE SOCIETAL VALUE OF IP IN THE NEW ECONOMY, AND 2019 IP AND INNOVATION THEME: PUBLIC-PRIVATE COLLABORATIONS IN INNOVATION

5. Statement/summary of statement

292.   We thank the co proponents of this document and agenda item for providing us with the opportunity to share our country's successful experiences. The Government of Chile has prioritized public-private partnerships as a tool to promote innovation. 293.   The Chilean Economic Development Agency (CORFO) is a government agency with the legal mandate to support entrepreneurship, innovation and competitiveness. In order to fulfil this mandate, CORFO has developed strategic support plans for scientific industrial consortia. 294.   Lastly, we would like to point out that these initiatives have highlighted the importance of ensuring that intellectual property management strategies are consistent with the business models of companies participating in such projects. The success of these public-private partnerships has been possible thanks to dialogue between the parties concerned, which ensures that the particular needs of each project are understood and that the capacities generated are beneficial to the country's innovative ecosystem1.

6. Documents referred to in intervention

7. Conclusion

The Council took note of the statements made.

8. Summary of the agenda item (if available)

34.   The Chair said that the item had been put on the agenda at the request of Australia; Canada, Chile; the European Union; Hong Kong, China; Japan; the Republic of Korea; Singapore; Switzerland; Chinese Taipei; and the United States of America. It covered two aspects of the broader topic of IP and innovation:
a. "The societal value of IP in the New Economy", a topic that the Council had discussed at its meetings last year. A relevant communication has been submitted to facilitate discussion (IP/C/W/650); and
b. "Public-Private Collaborations in Innovation", a theme proposed by the co-sponsors for 2019. A relevant communication had been submitted to facilitate discussion (IP/C/W/652 and Add.1).
35.   The representatives of the United States of America; Singapore; Australia; Switzerland; New Zealand; Chinese Taipei; Chile; South Africa; Hong Kong; China; Canada; Japan; Mexico; the European Union; the Republic of Korea; Brazil; China; India and the Dominican Republic took the floor.
36.   The Council took note of the statements made.

9. Document symbol and date of distribution

IP/C/M/91, IP/C/M/91/Add.1, IP/C/M/91/Corr.1

10. Footnotes

1 The PowerPoint presentation is available in Room Document RD/IP/31.

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