Abstract
The TRIPS agreement implementation in Mexico. Implications for social responsibility and development
Highlights
In order to stay competitive companies are supposed to renew their technologies applied to basic processes delivering their products and/or services to clients
The current situation of the TRIPS Agreement in Mexico is analyzed through the consultation of previous studies from specialists on the topic, specialized magazines, books and documents from involved organizations such as WTO, (World Trade Organization) WIPO (World Intellectual Property Organization), IMPI (Mexican Institute for Industrial Property) and The Global Compact from the United Nations to mention some
We described the TRIPS Agreement implementation and its influence on Mexico’s technological upgrade, modernization and industrialization
Summary
In order to stay competitive companies are supposed to renew their technologies applied to basic processes delivering their products and/or services to clients. Four basic factors reflect country's competitiveness: installed technological capacity; the level of innovation; knowledge and professional development of their inhabitants; and governments' deregulation allowing the creation of new companies. Concerning technological development and nations’ capacity to use technology in everyday performance, the World Economic Forum, WEF, carried out a study and calculated the Technological Index in 2016 (Technological Readiness). Mexico was ranked 73rd out of 138 studied countries with 4.0 points and 51st in global competitiveness, with 4.41 points (WEF, 2016-2017). Switzerland tops the list of technological readiness leaders having 6.4 points, as well as the Competitiveness Global Index, with 5.8 points. Mexico is one of Latin America’s most efficient technology importers, due to the operative influence of multinational companies that implement systems operated by domestic workers. Technology transference is already embedded in Mexico’s economic life, in terms of generation, research and technological development, it still needs to be propelled closer to international standards
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