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International Bank for Innovation* (IBI) *Recognized as "Green Intellectual Property" by EWG (Annex 2 in the final report), which WHA63.28 requests CEWG.

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Presentation on theme: "International Bank for Innovation* (IBI) *Recognized as "Green Intellectual Property" by EWG (Annex 2 in the final report), which WHA63.28 requests CEWG."— Presentation transcript:

1 International Bank for Innovation* (IBI) *Recognized as "Green Intellectual Property" by EWG (Annex 2 in the final report), which WHA63.28 requests CEWG to explore.

2 Revenue Green tax on patentees Tobin tax in the form of "Patent Assurance Premium" Allocation from the revenue of patent offices

3 into USinto EUinto JPNinto BRICS + SK Application225,00066,00061,000250,000 Grant85,00024,00022,000150,000 Total310,00090,00083,000400,000 × 100 USD31 mils9 mils8 mils40 mils Possible Annual Revenue Total from the assurance premium: 88 mil. USD WIPO Income from PCT : 444 mil. CHF 10% Allocation: 44 mil. CHF Total : ca. 132 mil. USD Source (2009): USPTO, EPO, JPO, K. Ito & Associates, WIPO and Global Fund cf. avg. Licensing fee : 25 mil. USD for medicines avg. Grant scale : 30 mil. USD per project by Global Found

4 Patent Application vs. ODA Source: WIPO and OECD ( ) PCT ODA/JPN ODA/US

5 Expenditure for impoverished patients Request Deliberation (e.g., WTO/DSU) Funding

6 Patent Assurance Premium Readily building consensus by industries Negligible relative to the entire cost to create a patent

7 Additional option to the traditional TRIPS flexibilities Compulsory licence or IBI (not mandated)

8 Expenditure for innovators Funding needed research

9 Second-Coming-of-Doha Initiative Targets Investigatory commission as a sub-body under the TRIPS Council Amendment in the TRIPS Agreement for establishing IBI

10 Second-Coming-of-Doha Initiative Services September, 2011 led by IHEID*, Genève *Institut de hautes études internationales et du développement to provide interested members with professional consultations

11 For a solid model in economics and legitimacy www.greenip.org


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