Biopharma Drugs Innovation in India and Foreign Investment and Technology Transfer in the Changed Patent Regime

Biopharma Drugs Innovation in India and Foreign Investment and Technology Transfer in the Changed Patent Regime

Rakhi Rashmi
ISBN13: 9781616928469|ISBN10: 1616928468|EISBN13: 9781616928483
DOI: 10.4018/978-1-61692-846-9.ch016
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MLA

Rashmi, Rakhi. "Biopharma Drugs Innovation in India and Foreign Investment and Technology Transfer in the Changed Patent Regime." Regional Innovation Systems and Sustainable Development: Emerging Technologies, edited by Patricia Ordóñez de Pablos, et al., IGI Global, 2011, pp. 210-225. https://doi.org/10.4018/978-1-61692-846-9.ch016

APA

Rashmi, R. (2011). Biopharma Drugs Innovation in India and Foreign Investment and Technology Transfer in the Changed Patent Regime. In P. Ordóñez de Pablos, W. Lee, & J. Zhao (Eds.), Regional Innovation Systems and Sustainable Development: Emerging Technologies (pp. 210-225). IGI Global. https://doi.org/10.4018/978-1-61692-846-9.ch016

Chicago

Rashmi, Rakhi. "Biopharma Drugs Innovation in India and Foreign Investment and Technology Transfer in the Changed Patent Regime." In Regional Innovation Systems and Sustainable Development: Emerging Technologies, edited by Patricia Ordóñez de Pablos, W.B. Lee, and Jingyuan Zhao, 210-225. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-61692-846-9.ch016

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Abstract

This chapter addresses the relationship between the intellectual property rights and Foreign Direct Investment in the context of Indian biopharma Industry to assess the impact of the TRIPs agreement of WTO on the biopharmaceutical industry of developing countries. The central issue in this study is the extent to which patent reform (after the imposition of the TRIPs agreement in 1995) affects India’s ability to attract technology transfer for biopharmaceutical drugs innovation. The study analyzes FDI flow in the biopharma industry in Pre TRIPs (before the imposition of product patent protection 1991-1999) and post TRIPs (after product patent protection, 1999-2005). It does a comparative analysis of the relationship between the amount of foreign investment in different Indian states and the investment climate ranking of those states that are the part of Indian bio cluster.

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