1.4 Economic Value and Importance of Intellectual Property

The economics' case (the exam's list): (1) the innovation's engine (the R&D's-and-creation's financing — the exclusivity's revenue); (2) the brand's-and-goodwill's asset (the marks'-and-GIs' value — the marketing's shorthand); (3) the trade's currency (the IP-and-FDI's-and-technology- transfer's faces — the Investment-Law (LAW5709, Semester 8)'s interface); (4) the creativeeconomy's livelihood (the copyright industries — the music-film-publishing-software); (5) the national competitiveness (the TRIPS-era's development stakes — the LDC's-and-the graduation's faces (Nepal's 2026-graduation interface)); and (6) the culture's-and-heritage's preservation (the TK-TCE-GR of U6.5 — the Nepali stakes: the ayurveda's-and-the crafts'-and-the folk-arts' worlds).