This module seeks to introduce an economic approach to understanding intellectual property. It will present the main branches of intellectual property as economic categories and will explain their economic characteristics, functions, impacts and conditions for efficiency. Each type of IP will be analysed as an income generating asset. The module will review the complex value chain, the opportunities that the exploitation of the asset generates and the specifics of its management. The module will examine the relevant issues from a global perspective providing perspectives from developed and developing economies.

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