Members discuss IP in relation to inclusive innovation and the public interest

The role of intellectual property rights (IPRs) as a driver for more inclusive innovation that promotes the participation of micro, small and medium-sized enterprises (MSMEs) in local and global trade, and the relationship between IP and the public interest were discussed by WTO members at the meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) on 13 June. WTO members shared experiences on how IP protection fosters innovation and boosts the competitiveness of small businesses, and explored ways to broaden the understanding of how the IP system can be more responsive to public interest considerations.

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