The Role Of Intellectual Property Rights In Achieving Sustainable Development Goals: A Comparative Analysis Of Policy Frameworks And Their Impact

Abstract

This paper examines the potential use of intellectual property rights (IPR) in helping to achieve the sustainable development goals (SDGs) that were set by the United Nations. It looks at concrete aspects as to what might either impede us or assist us toward these objectives from the global IPR policy frameworks. Drawing on policy frameworks from a wide variety of different countries with differing levels of industrialization and development, this research finds that IPR can support sustainable development in such areas as health, agriculture and clean energy. By combining qualitative policy analysis with quantitative data about SDG indicators in its mixed method approach, we illustrate how intellectual property law closely impact on sustainable development outcomes. The paper illustrates that countries use IPR to promote innovation and technology transfer consistent with these goals in very different ways. With their own national priorities, capabilities and legal underpinning, different countries tend to produce very different outcomes. A strong IPR system stimulates innovation and technology development, but laws that are too tight in terms of intellectual property can make it difficult for weaker developing countries to access basic knowledge or technologies. When it comes to IP law, the article recommends a balanced approach that is in line with internationally agreed goals for sustainable development. It offers a series of policy recommendations designed to leverage IPR's contribution to the SDGs. Such proposals include suggestions for expanding international cooperation, creating a more flexible intellectual property rights system and promoting public-private partnerships. By transforming the regulation of intellectual property into a booster for sustainable development rather than an obstacle, IPR may be harnessed as characteristically as possible. This paper makes a comprehensive exposition of the relation between IPR and the SDGs, thereby contributing to the continuing discussion on sustainable development. recommendations are given to follow-up work of this research in policy circles, legal fields and various other fields related to IPR and global sustainability.