Intellectual Property Rights as an Investment: Options for Developing Countries
Article from: TDM 2 (2009), in Intellectual Property Rights and Investment Disputes
Introduction
The number of Bilateral Investment Agreements (BITs) quintupled during the last decade. Most developing countries have entered into one or more BITs with the expectation that they will create a legal framework that would attract foreign direct investors. While there is no evidence suggesting that entering into such treaties has a tangible effect on increasing foreign direct investment (FDI),[1] governments have been ready to limit their sovereign rights in various respects, notably in relation to the settlement of disputes relating to investments in ...