WIPO has launched its latest World Intellectual Property Report 2011, which subject is "The Changing Face of Innovation".

Among other issues, it describes key trends in the innovation landscape - including the increasingly open, international and collaborative character of the innovation process; the causes of the increased demand for IP rights; and the rising importance of technology markets.

Against this background, the Report explores the ways in which economists' views of the IP system have evolved. Finally, it takes a closer look at collaborative innovation models, analyzing how best to balance private collaboration and competition, and how best to harness public research for innovation.

Read the full report here.