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Monday, February 24, 2014

Economy and its Intellectual Property linked Regulatory System


In this article I suggest that the Emirate of Dubai has, as a result of proposeful policy actions, been able to reinvigorate, really to reinvent, its Intellectual Property Potential. That is to say Dubai has boosted its capability to be the originator (and creator) of intellectual property subject-matter, rather than just a consumer thereof. Dubai has achieved the two circumstances through which an intellectual property command becomes a expensive national asset for a country with an initially low Intellectual Property Potential namely a planned regulatory framework coupled with successful infrastructure related action. I will highlight the steps that Dubai has undertaken in this stare In other words Dubai has been able to enjoy a dash toward amazing economic development derived from its natural capital while, in the process, , evading the addiction trap, wherein the use of another's technology leave the user ever dependent on continued industrial transfers. In effect, Dubai has been able to lay the basis for a distinctive Development track these foundations are symptomatic of Dubai's effort to maintain its blossoming economy that is planned to continue to flourish even after its oil reserves are depleted. 

My contention is that Dubai's activities in the intellectual property sphere, go to show that even a country that has an firstly low Intellectual Property Potential and a high trust on raw materials, can chart its own different path towards an intellectual property rich economy. In this research I will first highlight the arrangement of Dubai's economy and its intellectual property linked regulatory system. Following this I examine the dispute relating to the perceived national benefits of intellectual property defense in countries that do not have a notable Intellectual Property Potential. In the section that follows this I show how despite the apparent one-sided payback that the intellectual property system grants mainly to Developed countries, Dubai has been able to create a separate national policy that is geared towards the formation of an integrated national infrastructure that can boost its Intellectual Property Dubai Potential.

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