The Intellectual Property Rights Alliance just published its 2010 report reviewing countries’ rankings on various indexes measuring their respect for property rights. The aim of the report was to show the clear link between a country’s respect for property rights and economic prosperity.
According to the report, the link can be seen in all forms of property including intellectual property. Dealing with the latter, the report states:
“The modern economy relies not only on physical property rights but also intellectual property rights (IPRs).