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

H.E. Ambassador Dr. Walter Werner
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
409.   India would like to reiterate its statements on this issue made in earlier meeting. India is of the view that while IPRs may provide an incentive to innovate, they are neither necessary nor a sufficient condition and could only be effective in certain contexts. 410.   Though, India realizes importance of innovation and keeping that in view, India has taken many steps to improve the innovation eco system-whether it is through the quality of the human resource or the research and development activities or strengthening of academia industry linkages and availability of capital. As a result, India has moved up on the Global Innovation Index from a rank of 76 in 2014 to 57 in 2018. During the same period India has made substantial progress in improving its ease of doing business ranking, reaching to rank of 77 out of 190 counties surveyed, making it the only country to rank among the top ten improvers for the second consecutive year. Since 2014, India's ranking improved 65 places from 142nd in 2014 to 77th in 2018.
The Council took note of the statements made.
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.
IP/C/M/91, IP/C/M/91/Add.1, IP/C/M/91/Corr.1