News: Pakistan needs to improve framework on IPR
Publication: Daily Times
Date; April 27, 2013
Web Address: – http://www.dailytimes.com.pk/default.asp?page=2013%5C04%5C27%5Cstory_27-4-2013_pg5_12
Saturday, April 27, 2013
Pakistan needs to improve framework on IPR
ISLAMABAD: On the World Intellectual Property Rights Day 2013, Mishal Pakistan a country partner institute of the Global Competitiveness and Benchmarking Network of the World Economic Forum (WEF) shared the state of Intellectual Property Rights (IPR) in Pakistan.
The country is not being able to improve the environment to protect the IPR and is showing substantial deterioration on the indicators to improve the IPR and Pakistan now stands at 106 among 144 countries on Intellectual Property Protection (IPP), as compared to 86 in 2010.
The trend shows 20 percent decline in IP protection in the country, announced Mishal sharing the data on IPR from the Global Competitiveness Report of the WEF.
An enabling framework required to create intellectual asset in the system continues to perform poor. The capacity of research institutions and private sector spending on scientific research and development has been stagnant for the past three years. This is causing the country to lose its competitiveness by not being able to create implementation mechanism for the citizens to protect their intellectual property.
The university-industry collaboration is also a matter of concern in Pakistan as more emphasis is being put on non-research initiatives or research in isolation from the industry. This also indicates the businesses in Pakistan are not benefiting from the research and development (R&D) being done in academic and research institutions across the country, resulting in lack of indigenous solutions for the local and international challenges.