European countries contribute less to global technological development than other developed nations, and are pursuing intellectual property policies that are not “development friendly”, according to a study.
European nations conduct most of the world’s research and development (R&D) and own most of the globe’s intellectual property (IP) rights, and new policy measures are needed to make them contribute more to development, says the paper published by the US-based think-tank the Center for Global Development.
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Petra Krylová, programme coordinator at the Center for Global Development, says: “We aim to increase the debate and hopefully arrive at some changes within either European or country-level legislation on technology.”