This report provides an analysis of global innovation and intellectual property (IP) trends in 2011, and examines how innovation has changed. It also reviews how IP protection affects innovative behaviour, and what that implies for policymaking.  

In four chapters, the report reviews trends in innovation and IP; the economics of IP; balancing collaboration and competition; and the role of IP in harnessing research for innovation. Each chapter concludes with recommendations for future research. The report examines questions that include the notion that innovation processes are increasingly open, international and collaborative; the drivers of increased demand for IP rights; and the rising importance of technology or knowledge markets.

It concludes by suggesting ways that IP and innovation policies can be redesigned to adapt to the growing demand for IP protection. It states that IP is playing an increasingly important role in innovation policies, and that moving beyond polarised debates will require fact-based research as well as translating economic research into accessible messages.