Redefining Intellectual Property Rights in a Globalized Digital Economy: Safeguarding Innovation for Sustainable Growth
DOI:
https://doi.org/10.36676/ijl.v3.i2.92Keywords:
Intellectual Property Rights, Digital Economy, Sustainable GrowthAbstract
Globalisation and the digital economy's explosive growth have fundamentally changed how intellectual property is produced, distributed, and safeguarded. Intellectual Property Rights (IPR) are now essential to preserving the harmony between encouraging innovation and guaranteeing equitable access to data and technology in this linked world. The economic value of intangible assets including software, algorithms, data, and creative material has increased due to the growing dependence on digital platforms for communication, education, healthcare, entertainment, and commerce. These assets are now major forces behind global economic expansion, thus both developed and developing countries must prioritise protecting them via strong IPR laws.
References
Drahos, P. (2016). *Intellectual property, human rights and the knowledge commons*. In T. Pogge & K. Rimmer (Eds.), *Incentives for Global Public Health: Patent Law and Access to Essential Medicines* (pp. 29–49). Cambridge University Press.
[https://doi.org/10.1017/CBO9780511845382.004]
Maskus, K. E. (2000). *Intellectual property rights in the global economy*. Peterson Institute for International Economics.
[https://piie.com/bookstore/intellectual-property-rights-global-economy]
World Intellectual Property Organization (WIPO). (2020). *World Intellectual Property Report 2020: Innovation in a crisis – The role of intellectual property during the COVID-19 pandemic*. [https://www.wipo.int/publications/en/details.jsp?id=4526]
Kapczynski, A. (2010). Access to knowledge and the intellectual property system: Toward a new legal paradigm. In G. Krikorian & A. Kapczynski (Eds.), *Access to Knowledge in the Age of Intellectual Property* (pp. 21–56). Zone Books.
Bently, L., & Sherman, B. (2014). *Intellectual property law* (4th ed.). Oxford University Press.
Gervais, D. (2021). The machine as author. *Iowa Law Review, 105*(5), 2053–2090. [https://ilr.law.uiowa.edu/print/volume-105-issue-5/the-machine-as-author/]
World Trade Organization (WTO). (2023). *TRIPS and public health*. [https://www.wto.org/english/tratop_e/trips_e/pharmpatent_e.htm]
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Indian Journal of Law
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.