Monday, 18 June 2012
Book Review: IP, Innovation and Management in Emerging Economies
"Intellectual Property, Innovation and Management in Emerging Economies" edited by Ruth Taplin and Alojzy Z. Nowak published by Routledge.
The book seeks to argue that IP management development and innovation are fundamental to economic development, especially in newly emerging economies, which often hold vast reserves of natural resources and human knowledge that remain unprotected. It highlights countries that are realising this situation and provides case studies through a number of authors across a number of territories including Eastern Europe, Africa and especially Asia where there is a conscious link between creating innovation and IP to stimulate economic growth.
The book explains different types of innovation models, highlights success stories and explains some of the barriers to developing an innovation culture that understands IP and how to use it. The Africa chapter is written by Dario Tanziani and Nthabisheng Phaswana who illustrate, quite effectively, countries whose GDP and IP filing statistics reflect one another suggesting that IP infrastructure and GDP growth are linked although, because of a dearth of information, the authors admit that is not exactly clear whether IP development leads directly to economic growth.
There are several other excellent chapters that highlight how certain developing countries have embraced innovation and effectively created models that are driving growth. The emerging theme is that an "independent judiciary coupled with thoughtful and thoroughly understood implementation of IP laws within the context of cross border IP" is key.
The book is available from Amazon for $131.00.
Posted by Afro Leo at Monday, June 18, 2012