Adsense

Monday, February 24, 2014

Property Potential and a High Confidence



In this article I suggest that the Emirate of Dubai has, as a result of purposeful policy actions, been able to reinvigorate, certainly 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 regime becomes a precious national asset for a country with an initially low Intellectual Property Potential namely a planned regulatory framework coupled with effectual infrastructure related action. I will highlight the steps that Dubai has undertaken in this observe In other words Dubai has been able to enjoy a dash toward stunning economic development derived from its natural wealth while, in the process, , evading the addiction trap, wherein the use of another's technology make the user ever dependent on continued scientific transfers. 

In effect, Dubai has been able to lay the base for a distinctive Development track these foundations are symptomatic of Dubai's enterprise to maintain its blossoming economy that is propose 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 originally low Intellectual Property Potential and a high confidence on raw materials, can chart its own separate path towards an intellectual property rich economy. In this research I will first highlight the arrangement of Dubai's economy and its intellectual property connected regulatory system. Following this I examine the discuss relating to the perceived national benefits of intellectual property shield 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 chiefly to Developed countries, Dubai has been able to create a different national policy that is geared towards the formation of an integrated national infrastructure that can boost its Intellectual Property Potential.