The Impact of Information Piracy and Intellectual Property Rights on the Economic Development

摘要

Without any doubt, in the last years, the impact of intellectual property rights has played a very important role in the promotion of innovative processes and indirectly in the process of economic growth. This situation is the more important in the developing countries, where a stronger protection of intellectual property rights needs to stimulate the economic growth by means of increasing the profit of innovations and offering thus incentives for innovation. The research may focus either on the causes underpinning this mass phenomenon or on the effects produced by its impact. The effects are hard to quantify since many a time the barrier between the negative consequences and the positive ones is extremely fragile. As a conclusion, the negative impact produced by disregarding the intellectual property rights on economic growth influences: the phenomenon of creating and disseminating information; encouraging the promotion of inventions and innovations; the costs of processes of information and dissemination; locating the invention and innovation patents only in the economically developed regions which offer a higher protection in the field; commercial exchanges, flows of foreign investments and technological transfers.