WIPO Illustrates How Innovation, Intellectual Property Can Support SDGs

Built Environment, Europe, News, Universal Design, October 16 2018

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Photo by Nikita Kachanovsky on Unsplash

GENEVA, SWITZERLAND: The World Intellectual Property Organization (WIPO) has highlighted how diffusion of innovative technologies can play a critical role in achieving many of the SDGs. The publication describes the relationship between intellectual property, innovation and the SDGs, and showcases examples of WIPO’s contributions to the SDGs.

SDG 9 (industry, innovation and infrastructure) explicitly recognizes the link between economic and social progress and innovation. In the publication’s introduction, WIPO Director General Francis Gurry elaborates on the relationship between intellectual property, innovation and the SDGs. He states that intellectual property as a policy “exists to create an enabling environment for – and to stimulate investment in – innovation,” and to create a framework for sharing and trading new technologies around the world. He further explains that the “economic imperative at the heart of innovation is fundamental to the process of societal transformation that the SDGs aim to achieve.

The publication titled, ‘WIPO and the Sustainable Development Goals: Innovation Driving Human Progress,’ highlights the role of innovation in achieving the SDGs, including SDG 2 (zero hunger), SDG 3 (good health and well-being), SDG 6 (clean water and sanitation), SDG 7 (affordable and clean energy), SDG 8 (decent work and economic growth), SDG 11 (sustainable cities and communities) and SDG 13 (climate action). On SDG 3, the report explains how intellectual property systems support health care innovation by encouraging investment in new drugs and technologies while reassuring companies of a secure return on their investment. To ensure that diseases that are more common among poorer populations or that affect comparatively few people are not neglected, WIPO leads a public-private partnership (PPP) to tackle neglected tropical diseases, malaria and tuberculosis.

 

For the full article, visit the source: IISD SDG Knowledge Hub

Re-posted with permission

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