Abstract:

Deep changes in the ways that people create ideas, goods, and wealth are reshaping the global economy. These changes make innovation—the creation of new goods and services—the center of economic activity. This new report explores the critical role of intellectual property protection (IPR) in a global information economy and argues that the extent to which countries protect intellectual property will determine how well they perform in the new economic environment.

An excerpt:

Some argue that strong IPR is no longer important as there are alternatives that will create equal or greater amounts of innovation. The problem with these alternatives is that they tend not to work.