IMPACTS OF IPRS BASIC PROVISIONS IN CPTPP ON TECHNOLOGY TRANSFER AND INNOVATION-SUGGESTION IN INDONESIA

Abstract

Indonesia has expressed interest in signing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This is a new-generation free trade agreement considered a good signal for global economic integration. It is expected to create more opportunities and advantages for developing ASEAN countries (Brunei, Malaysia, Singapore, and Vietnam)in terms of investment, technology transfer (TT), and innovation. Some basic provisions regarding intellectual property rights (IPRs) support the transfer of foreign technologies to enhance innovation and competitiveness for domestic enterprises in these member developing countries. However, these provisions trigger several disadvantages, such as TT and innovation challenges. Therefore, this study aims to determine the impacts of IPRs’ basic provisions in CPTPP on technology transfer and innovation-suggestion in Indonesia. As an expert in TT, the author introduced some IPRs basic provisions of CPTPP and analyzed the impacts of these provisions on TT and innovation activities for developing countries. The result showed that Indonesia prepared the applicable laws in its accession to CPTPP.