Red Alert

TPP watch: why doesn’t NZ quantify its intellectual capital?

Posted by on November 17th, 2013

In 2012 the US produced this report :

Intellectual Property and the U.S. Economy

INDUSTRIES IN FOCUS

Patents, trademarks, and copyrights are the principal means for establishing ownership rights to inventions and ideas, and provide a legal foundation by which intangible ideas and creations generate tangible benefits to businesses and employees.

Intellectual property (IP) protection affects commerce throughout the economy by: providing incentives to invent and create; protecting innovators from unauthorized copying; facilitating vertical specialization in technology markets; creating a platform for financial investments in innovation; supporting startup liquidity and growth through mergers, acquisitions, and IPOs; making licensing-based technology business models possible; and, enabling a more efficient market for technology transfer and trading in technology and ideas.

On April 11, 2012, the U.S. Commerce Department released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: Industries in Focus,” which found that intellectual property (IP)-intensive industries support at least 40 million jobs and contribute more than $5 trillion dollars to, or 34.8 percent of, U.S. gross domestic product (GDP).

Pretty compelling stuff.

To my knowledge there is nothing comparable in New Zealand.

In 2012 a report Price Waterhouse Coopers produced a report for the NZ screen industry which found that the film and television industry’s total contribution to gross domestic product (GDP) was $2.78 billion, representing 1.4% of New Zealand’s total GDP.

This report was important (though it should be noted our film industry is under threat and under resourced). But it’s not the full picture.

Our growing tech industry, the total intellectual capital of our ideas and their conversion to export potential remains unquantified. Consequently, it’s hard to argue in hard facts when it comes to points of trade off in a trade deal so important as the TPP. THis doe not make the value of our ideas any less improtant though.

So what’s the government doing about it? Well it seems; a big fat nothing!

When the mega ministry MBIE came before the Commerce Select Committee earlier this year I asked them what work was being undertaken on treating New Zealand’s intellectual property as ” a sector” and what quantification was being done. They looked at me blankly and made noises about determining New Zealand’s compliance with our obligations under various international  trade and other agreements. In other words, our Ministry of Economic Development is only concerned with whether we protect other countries IP laws rather than thinking about how we can protect our own innovation industries against the multinational corporate interests.

That didn’t seem very smart to me. What do you think?

 


9 Responses to “TPP watch: why doesn’t NZ quantify its intellectual capital?”

  1. John W says:

    Chile provides some leadership in opposing the TPPA grab by US/EU corporate raiders.
    TPPA will be a game changer if implemented.

    The selling off of our Kiwi silver by NACT will be of minor significance in comparison.

    Transnational corporate governance of NZ by John Key’s mates in Hollywood and Wall Street will grow and flourish at our expense. Reversing agreement to comply with TPPA will become impossible.

  2. beaverusiv says:

    I will not stand for selling off our integrity and way of life for a quick buck. The TPP must die. We should not stand down on our principles of free culture for the bully that is the US.

  3. John W says:

    TTPA is being opposed by groups in all countries to which it will apply. This movement is growing as people become educated. The secrecy is a barrier to this education. How stupid we are if this is allowed our govt to continue to hid any of the information from us.

    The secrecy and stealth of the corporate powers to confine Governments’ knowledge of what is being proposed is staggering. Many of these corporations have representatives in the negotiations and have full brief on what is being discussed. They are driving it for their own ends and over riding sovereignty of the supposedly representative governments of the nations nominally involved.

    The trade side is a red hearing.

    It is a bold bid for global power structure to extend corporate looting across the globe making for greater subservience of populations to the transnational corporate whims of what they will do next.

    Greater inequity and poverty, reduced local productivity of goods to fill local needs, greater exploitation of work forces, lowering of wages and conditions, greater waste, reduced ability for any country to legislate for its own needs or have unbridled ability to have independent opinion on global issues or even local issues all in a world of shrinking resources and the growing crises on many fronts.

    TTPA is a monster.

  4. Bourke says:

    Wake Up New Zealand.

    Your trust in the Govt is very much misplaced. You are being played for the obedient suckers you will be if TTPA is not stopped by your overwhelming opposition.

    It is time to get very vocal and angry.

    You are not alone but need to stand with some unity against this outrageous and obvious subjection of New Zealand to US corporate rule. Yes John Key is their local PR puppet.

    Trade pacts are just another tool used to the advantage of the powerful and the threats to those who don’t comply are obvious.

    The US have invaded more than 50 countries last century and the carnage carries on, all for the profit of a tiny rich minority. Very frequently displacing democracy and installing puppet dictatorships for US cartels.
    A shocking record of unashamed greed, disregards for human rights and life, with the treachery and impunity that military power affords.

    http://academic.evergreen.edu/g/grossmaz/interventions.html

    Meanwhile disparity of wealth continues to grow.

    http://www.informationclearinghouse.info/article36874.htm

  5. Jack Ramaka says:

    John Key is constantly beating the US drummer boys drum he is basically working for his relations in Wall St and the NZ elite who have hijacked NZ’s assets.

  6. bbfloyd says:

    “You are being played for the obedient suckers you will be if TTPA is not stopped by your overwhelming opposition.”

    What makes you think overwhelming opposition by ordinary New Zealanders is going to stop the advance raiding party(national govt) from doing the job they have been ordered to do?

    If history teaches us anything, it will be that, by the time the s##t hits the fan there will be a labour government in office to take the blame….Thanks to a fourth estate fully owned by utterly an venal, and corrupt Rupert Murdoch, and staffed by entirely self interested, pseudo journalists who learned nothing more than how to utilise effective propaganda techniques….

    Being intelligent, informed people, the current crop of ministers know this very well…

    Aljazeera, truthout, and scoop et al are merely voices in the wilderness when stacked up against the almost total monopoly of the airwaves/print media…

  7. John W says:

    I agree with the suckers bit as being true. We have seen it time and again.

    ” …..money and money alone makes the law, rules the parties and controls the electorate.

    Once more, here are the words of two masterminds of propaganda, one a Nazi, the other an American.

    Here is the Nazi,

    “If we understand the mechanisms and motives of the group mind, it is now possible to control and regiment the masses according to our will without their knowing it… In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons … who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.” (Joseph Goebbels)

    And here is the American,

    “If we understand the mechanisms and motives of the group mind, it is now possible to control and regiment the masses according to our will without their knowing it… In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons … who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.” – Edward Bernays”

    Keeping quiet may take the heat off a politician but nothing will be achieved.

    The greens haven’t taken over Germany through keeping quiet. It has been a rising protest without rest.
    They have achieved enormous progress.

  8. Jack Ramaka says:

    Unfortunately the asset stripping of NZ’s assets is nearly complete unfortunately New Zealanders have been incredibly naive to what has actually been going on in the last 30-40 years. State Assets have been sold for a pittance to people with very close links to parties with very close links to the ruling Government of the day, whether you classify this as corruption or crony capitalism it is hard to distinguish.

    New Zealand is not a better country for divesting its State Assets, if we had retained our State Assets we would have been better off to the tune of $15.8 Billion per annum which is currently paid to offshore institutions by way of dividends.

    Selling State Assets has been an easy way out for NZ politicans, it is like selling the family farm or the family home and then renting or leasing for the rest of your life to Offshore Owners.

    Correct me if this analogy is wrong.

  9. bbfloyd says:

    “whether you classify this as corruption or crony capitalism it is hard to distinguish”…..

    Both…At first, it was crony capitalism, but has, as these things tend to do once the Tories get control of the process, descended into corruption….

    I still believe that Roger Douglas Had the best interests of New Zealanders at heart when he opened the door to neo liberal economics…That he was wrong to do so is beyond doubt now…

    Equally, once the labour government started to inplode as a natural consequence of having acted totally against it’s fundamental philosophies, the political, and economic advantages for the wealthy had been recognised by the national party, and so the process was accelerated, and taken to absurd levels….

    Bill Birch, far from being knighted for his services to increased profits at the expense of social stability, should be replacing Guy Fawlks on our bonfires every november…such is the damage his “reforms” did to his own people….Ruth Richardson is an irrelevancy, as she was just a pampered farmers wife who’s vanity, and stone cold bigotry made her the perfect poodle to carry out the wide ranging attack on working people in the nineties….Another Paula Bennett,(actually, this can be applied most of nationals cabinet)….

    John W..Would you agree that without a fourth estate that has any more than a passing acquaintence with the principles of democracy that require unbiased, and accurate information being supplied to the electorate…Then the methods learnt from Goebbels wouldn’t be effective today?