3.5 Technology Transfer and Intellectual Property Rights
The previous chapter has highlighted that international financial flows, including
foreign investment, often bring some degree of technology transfer, have grown
greatly during the 1990s and changed greatly in their structure. This has been
due to many factors. Amongst these are the liberalisation of certain domestic
sectors with the granting of access to foreign investors; development of domestic
property laws, including on intellectual property; and developments in various
international conferences such as the United Nations General Assembly Special
Session of 1997 (UNGASS, 1997), and decisions adopted at the 6th session of
the Commission on Sustainable Development (CSD) (UNCSD, 1998). Most notable
among these agreements has been the completion of the GATT Uruguay Round and
the associated establishment of the World Trade Organisation. In addition, there
are a number of other associated agreements that have helped to encourage or
facilitate international investment2
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