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Past Issue • Jul-Sep 2011

Was the Trip Worthwhile?

This article examines the impact of the trade-related aspects of intellectual property rights (Trips) agreement on innovation in India.

In 1994, India signed the Trips agreement mandated by the World Trade Organisation (WTO). The agreement, which came into effect on January 1, 1995, is the most important multilateral agreement on intellectual property (IP). By enforcing a minimum standard of IP rights internationally, Trips encourages trade and technology transfer between countries.

ABOUT THE AUTHORS

  • Anand-Nandakumar

    Anand Nandkumar

    Associate Professor of Strategy, at the Indian School of Business (ISB)
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