IP rights have come under attack from a loose coalition of academics, nongovernmental organizations, multilateral groups, and others whose opposition threatens to undermine innovation, growth, and progress on key global challenges. IP opponents make specious arguments to falsely portray IP as a tool to benefit large corporations and developed countries at the expense of human freedom, the diffusion of ideas, and growth in developing countries. To maximize global innovation, the international community needs to forge a stronger and more wide-ranging consensus on the importance of IP to every country—developed and developing alike. Countries with robust IP rights should work together on all fronts to push back against opponents, make the case that IP is central to global progress, and strengthen the international framework of IP rules, norms, and cooperation.
Information Technology and Innovation Foundation