The importance of Intellectual Property Rights for progress: A reform agenda for ASEAN countries

October 1, 2019

Economists agree that sustainable economic growth depends on higher-value, knowledge-based services, high-tech manufacturing, research and development, and less reliance on the export of commodities and natural resources. Domestic manufacturing sectors within ASEAN member states, while increasingly diversified, are largely focused on the assembly of products designed and manufactured elsewhere. There is also too much reliance on the export of natural resources. For ASEAN countries to join the ranks of high-income countries, they need to continue to commit and invest in the building of a knowledge economy.