Encouraging Technology Transfer to LDCs: Towards a More Effective Implementation of TRIPs Article 66

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Developing countries, in general, see technology transfer as part of the bargain in which they agreed to strengthened intellectual property protection under the TRIPS Agreement. The TRIPS Agreement includes a number of specific provisions in this regard. Most notably, Article 66.2 requires developed countries to provide incentives for to enterprises and institutions in their territories for the purpose of promoting and encouraging technology transfer to LDCs in order to enable them to create a sound and viable technological. LDCs have expressed their wish to see this requirement to be implemented in a more effective manner.

Prof. Dominique Foray, a leading economist on knowledge and innovation from l’Ecole Polytechnique Fédérale de Lausanne, presented the results of a report entitled “Technology Transfer in the TRIPS Age - The Need for New Types of Partnerships between the Least Developed and Most Advanced Economies”. The report explored ways to improve technology transfer to LDCs and focused on the need for public-private partnerships to achieve this (attached is a summary of the report).