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January 22, 2024

Practice Work Shop (PWS) On “Should Public IP Commons Be Created And Funded By Public Taxes?”

Featuring: Yash Raj

During last week’s PWS Session, Yash Raj, Associate, led a discussion on “Should Public IP Commons be created and funded by public taxes?” The session led with a discussion on if creating Public IP Commons funded by public taxes require a paradigm shift in how innovation is incentivised under the prevailing IP regime. The members discussed hypothetical scenarios where IP commons could be created and various stake-holders involved. The members discussed and debated on the potential administrative, ethical and privacy concerns involved in creation of such Public IP Commons funded by public taxes at intra-national and inter-national levels. The members delved into the role played by governments and international organizations in combating these challenges and probable measures which can be taken to address such concerns.

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