“The Economics of Intellectual Property Rights, Heritage and Traditional Knowledge”
This seminar will focus on the points of difference and convergence between environmental economics and cultural economics. It will explore how intellectual property (IP) rights – including traditional knowledge and heritage rights along with modernity-driven IP rights like copyrights and trademarks – can enable capture and valorization of biodiversity and cultural capital.
The presentation seeks to present the basic tenets of environmental economics and cultural economics by focusing on the traditional knowledge dimensions of forestry and biodiversity conservation, and setting out the similarities and differences with heritage protection implicit in classical performing arts such as nogaku, classical Russian ballet and India’s kutiyatttum. The seminar will also argues that financing of biodiversity conservation and of classical performing art theatres can be better secured if they are linked to a system of sui generis IP rights.
The seminar will be in English.
A. Damodaran is a Professor at the Indian Institute of Management (Bangalore). He specializes in environmental policy and economics, IPR management and cultural economics. Prof Damodaran has been a visiting expert at UNU-IAS and has consulted for WIPO, UNDP, the World Bank and UNDP.
For more information, see the seminar announcement on the UNU-IAS website.