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Panel Discusses Intellectual Property Dimensionsof Privatization

Geneva, May 10, 2000
Press Updates UPD/2000/98

An eight-member panel of experts with extensive experience in policy-making and international affairs met on May 8 and 9, 2000 to consider the intellectual property aspects of privatization. It was the first meeting of the World Intellectual Property Organization (WIPO) ad hoc Advisory Panel on Privatization, which was held on May 8 and 9, 2000, at WIPO headquarters in Geneva.

Panelists discussed the intellectual property dimensions of privatization in the policy and implementation process. They agreed that a significant niche existed in this little-researched and documented area, and that useful work might be done by the Panel and WIPO for the benefit of all countries regardless of their level of development.

The Panel agreed to further explore and analyze the historical experience of privatization with respect to its intellectual property aspects, to consider the current methodological procedures and standards prevalent in the field of valuation of intellectual property assets and their effectiveness, and to consider how WIPO might move towards formulation of a dynamic and practical role in this area. The Panel will present its findings in a report to the Director General in due course.

The panelists agreed to meet again later this year to continue discussion of these key issues.

The Panel Coordinator is Mr. N. K. Singh, Secretary to the Prime Minister of India. The other panelists are: Professor Edward S. Ayensu, Member of the Inspection Panel, The World Bank, Professor Klaus Gretschmann, Director General, Economic and Financial Affairs, Federal Chancellery of Germany, Mr. K.G. Anthony Hill C.D, former Ambassador and Permanent Representative of Jamaica in Geneva, Mr. Jorge Alberto Lozoya, Secretary, Ibero-American Cooperation, Madrid, Professor Anne O. Krueger, Professor in Humanities and Sciences and Director, Center for Research on Economic Development and Policy Reform, Stanford University, His Excellency Mr. Philippe Petit, Ambassador and Permanent Representative of France in Geneva, and Mr. Patrick Smith, former Director General, Australian Industrial Property Organization.

For additional information, please contact the Media Relations and Public Affairs Section at WIPO: