Rethinking trade and IP: prospects and challenges for development in the knowledge economy (WTO)
5 Dec 2023 14:00h - 15:00h UTC
Table of contents
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Knowledge Graph of Debate
Session report
Full session report
Keith Nurse
The analysis provides an in-depth examination of various aspects related to copyright industries and the creative economy in the context of global development. The copyright sector is found to be a significant contributor to the global economy, with the United States’ copyright sector even surpassing the manufacturing sector in terms of earnings and employment. This highlights the increasing importance of copyright industries in driving economic growth and creating employment opportunities.
Similarly, the creative economy is acknowledged as a substantial component of global GDP, estimated to be worth around 8% to almost 12%. It is emphasised that platforms heavily rely on creative content, highlighting the pivotal role of the creative industry in sustaining and driving the digital economy.
On the other hand, the analysis sheds light on the challenges faced by low-income countries in their economic development. It is highlighted that these countries heavily rely on exporting to middle-income countries. Approximately 84% of exports from low-income countries are directed towards middle-income countries. This dependency on neighbouring economies for trade creates a potential vulnerability, as the performance of their own domestic markets might not be sufficient to generate purchasing power, and overseas markets might not be well-aligned with the genres or products they bring forth.
Moreover, the analysis brings attention to the existence of a significant value gap in the creative industry, primarily resulting from the genre gap. Only 8% of earnings in the platform economy are received by creators, which poses a challenge, particularly for developing countries. It is indicated that their domestic markets might lack the strength to generate purchasing power, while overseas markets might not appreciate or align with their unique genres. This disparity leaves many creators from developing countries at a disadvantage, preventing them from benefiting fully from their creative works.
Another significant aspect highlighted in the analysis is the underfunding faced by creative industries in developing countries. It is noted that government institutions tend to allocate more resources towards low-return physical infrastructures, such as ports, rather than investing in the growth and development of creative sectors. This underinvestment hampers the potential of creative industries to contribute to economic growth and employment generation, further limiting their impact and potential.
The analysis also emphasises the urgent need for artists and creative entrepreneurs in developing countries to understand and leverage modern technologies, such as blockchain, artificial intelligence (AI), and e-commerce. It is mentioned that many artists face a lack of understanding and exposure to emerging technologies, which can hinder their ability to adapt and thrive in the digital era. By embracing and utilising these technologies effectively, artists can access new opportunities, expand their reach, and create innovative business models.
Lastly, the analysis suggests that the registration of artists with local copyright societies can play a crucial role in redirecting income to the country of origin. Currently, many artists register with copyright societies in developed countries, resulting in a loss of income for their home countries. As an example, various globally recognised artists from countries like Jamaica are registered with copyright societies in the United States or Europe, leading to a loss of revenue that could benefit their home countries. By encouraging artists to register with local copyright societies, governments can ensure that income generated from their creative works returns to their country of origin, fostering economic growth and reducing inequality.
In conclusion, the analysis highlights the significant contribution of copyright industries and the creative economy to global development. It emphasises the need for policymakers and governments to better understand and invest in the creative industries, address the value gap and genre gap that hinder development in the creative industry, and empower artists with modern technologies. Furthermore, it underlines the importance of redirecting income to the country of origin through local copyright societies to support economic growth and reduce inequalities in low-income countries.
Antony Taubman
The session featured discussions on the role of intellectual property (IP) in promoting economic and sustainable development in the digital environment. The speakers highlighted the transformative impact of digital technologies on the trade-IP relationship. The World Trade Organization (WTO) is based on a set of multilateral trade agreements, including the TRIPS agreement, which focuses on IP. They emphasized the significant influence of digital transformation on this relationship.
However, the speakers also identified obstacles limiting development opportunities in the digital space. The digital divide and platform dominance were seen as significant challenges. These factors create disparities and hinder inclusive growth in the digital economy. Achieving reduced inequalities in the digital sphere was highlighted as a priority.
The creative industries were discussed in terms of their potential to reach global audiences through digital platforms. Digital technologies offer creators the ability to expand their markets and connect with global audiences.
The challenges of establishing a global marketplace for intangible products were also highlighted due to differing IP protection laws across countries and jurisdictions. Trade agreements were mentioned as a means to address these challenges and create a more interconnected global marketplace.
The impact of digital platforms on the music industry was explored, focusing on aspects such as copyright registration and the development of the domestic market. Successful IP efforts were seen as key in repatriating African music and addressing royalty collection challenges.
The importance of technical assistance in shaping future practices and directions in the digital economy was emphasized. Technical assistance can help businesses understand the importance of IP protection as they engage in the digital economy.
Overall, the session was regarded as highly beneficial, generating ideas for future developments. Gratitude was expressed towards the speakers and the organizing team.
In summary, the session addressed the role of IP in promoting economic and sustainable development in the digital environment. Key topics included the transformative impact of digital technologies, challenges in the digital space, the potential of the creative industries, establishing a global marketplace, the impact of digital platforms on the music industry, and the importance of technical assistance.
Marcela Nectoux
Greenplatt is an innovative startup that specializes in waste management. With a positive sentiment, Greenplatt aims to bring transparency to the waste management sector. Their software plays a crucial role in achieving this goal by consolidating all environmental information related to waste management. This allows for efficient tracking and monitoring of waste collections. Moreover, Greenplatt ensures the security of transactions and data on their platform, providing a minimum level of guarantees to clients.
One notable client of Greenplatt is Arcos Dorados, the McDonald’s franchise in Latin America. This partnership highlights the trust placed in Greenplatt’s services and the effectiveness of their waste management solutions. With more than 8,000 collections being controlled through their platform in Brazil alone each month, Greenplatt’s impact on responsible consumption and production, as outlined in SDG 12, is substantial.
However, Greenplatt faces challenges when expanding into international markets due to variations in jurisdiction and environmental laws. Each state in Brazil, for example, has its own set of regulations. Despite these challenges, Greenplatt is determined to broaden its reach and is expanding its operations to Mexico, Colombia, Argentina, and Chile. This indicates their commitment to addressing waste management issues beyond regional boundaries.
Furthermore, intellectual property is a major concern for Greenplatt. To safeguard their software and clients’ data, all clients are required to sign a licensing agreement. This ensures the protection of Greenplatt’s innovative technology in the waste management sector.
Additionally, a panel discussion proved to be a valuable learning experience for Marcela Nectoux, who gained insights into various aspects including environmental considerations, data protection, and intellectual property legislation. Marcela Nectoux expressed a positive sentiment about the discussion, suggesting that it was both informative and engaging.
In conclusion, Greenplatt’s mission to promote responsible consumption and production aligns with SDG 12. Their efforts to bring transparency to the waste management sector through innovative software benefit clients like Arcos Dorados. While they face challenges expanding into international markets, Greenplatt’s determination and expansion plans demonstrate their commitment to addressing waste management issues globally. With a strong focus on protecting intellectual property, Greenplatt ensures the security and integrity of its software and clients’ data. Overall, Greenplatt’s positive sentiment, commitment to transparency and responsible waste management, and contribution to SDG 12 make them a notable player in the industry.
Joyce Lim
Singapore is actively engaging in negotiations for digital economy agreements with several countries, including Australia, New Zealand, Chile, Korea, the United Kingdom, the European Free Trade Association (EFTA) states, and the European Union (EU). These agreements aim to enhance digital trade, enable the free flow of data across borders, and foster trust in the digital economy. Currently, Singapore has four digital economy agreements with five countries, and they are in the process of negotiating two additional agreements with the EFTA states and the EU.
However, a challenge in the digital economy is the lack of coordination between governments in creating regulations. As the digital economy evolves, governments are starting to implement regulations that can affect cross-country trade. The absence of coordinated efforts in developing these regulations may give rise to trade barriers hindering the growth and development of the digital economy.
To address this issue, digital trade agreements play a pivotal role in harmonising regulatory frameworks. These agreements aim to enable the digitalisation of paper-based manual processes, ensure the free flow of data across borders, and protect consumer and business rights. By establishing consistent rules and standards, digital trade agreements reduce barriers for businesses operating across borders and foster trust in the digital economy by providing secure and reliable frameworks for data exchange.
Protecting intellectual property (IP) is another crucial aspect of digital trade. It is essential to safeguard the rights of creators during the cross-border flow of digital goods and services. Elements such as the protection of source code and the use of cipher keys are vital for preserving the integrity of trade secrets. Demands from governments for the release of these trade secrets pose a potential threat to IP protection, and measures must be taken to prevent such demands.
IP protection is particularly important for micro, small, and medium enterprises (MSMEs) engaging in cross-border business activities. Reducing barriers for these enterprises is a key objective of digital trade, and ensuring the protection of their intellectual property is critical for their growth and competitiveness.
Educating companies about IP protection in the digital economy is crucial. This area is of interest to both IP and trade policymakers. By raising awareness and providing guidance on IP protection, companies can navigate the digital economy with greater confidence, ensuring the security and value of their intellectual property assets.
Joyce Lim, who supports the negotiation of digital trade agreements, appreciates the insights gained from a panel discussion on the business aspect of IP and its interaction with international trade. Her support stems from the recognition that digital trade agreements are essential in enhancing digital trade, liberating the flow of data, and building trust in the digital economy.
Overall, the negotiation of digital economy agreements plays a vital role in advancing the digital economy. By harmonising regulatory frameworks, protecting intellectual property, and educating businesses, these agreements create an environment conducive to digital trade and innovation. Through these efforts, Singapore and other countries seek to foster economic growth and strengthen partnerships in the digital era.
Martin Møller Nielsen
Budunda is a music service that was founded in Kenya approximately 12 years ago. Its main focus is to promote accessible music and improve the rewards for African musicians. While the service initially started in Kenya, it has now expanded its presence and its biggest markets are Nigeria and Tanzania. Budunda works closely with around 150,000 African artists, offering them a self-serve platform that allows them to directly upload and manage their music content.
Piracy remains a significant issue in the African music market. Nevertheless, more than 50% of music consumed in Africa is local, and within all markets served by Budunda, 80% of the music listened to is from Africa. This highlights the vibrant and diverse musical landscape of the region.
One interesting aspect of the African music industry is that music rights are primarily owned by the artists themselves. This diverges from the global trend where major record labels generally hold the majority of music rights. The ownership of music rights by artists in Africa presents both opportunities and challenges, as it empowers artists but also requires infrastructure to ensure fair compensation for their work.
Although Budunda’s current business model is not yet financially sustainable, the company has set ambitious goals to achieve financial sustainability by 2025. They plan to capitalize on the ongoing popularity of African music, particularly Afrobeats, in order to attract a larger user base and generate more revenue. As a publicly listed company in Denmark, Budunda’s financial numbers are transparent and available for public scrutiny.
In the music streaming industry, innovation often starts with unlicensed services that gain popularity before rights holders become involved. Spotify, YouTube, and TikTok are examples of services that initially operated without licenses before establishing partnerships with rights holders. This pattern underscores the importance of striking a balance between market appeal and responsible copyright practices.
Enforcing copyright laws in emerging markets presents a significant challenge, and there is a lack of effective alternative solutions to combat piracy. While copyright laws exist, enforcement can be difficult in many emerging markets, posing a significant obstacle to protecting the rights and interests of artists and the music industry as a whole.
Artists face a dilemma when choosing between joining global associations or local associations. While global associations may be more effective at collecting rights, opting for local associations can contribute to the growth of the local music ecosystem. However, this choice is complex due to the industry’s instability and artists’ personal survival considerations.
The lack of expertise and funding severely affects musicians in Africa. Local associations often lack the maturity and resources of their counterparts in developed countries, which limits their ability to effectively support rights owners. To better serve artists and rights owners in Africa, it is crucial for local associations to build expertise and achieve economies of scale.
In conclusion, Budunda’s mission to promote accessible music and improve rewards for African musicians aligns with the vibrant musical landscape of the continent. Despite the challenges posed by piracy, the high consumption of local music emphasizes the strong demand for African artists. The ownership of music rights by artists presents both opportunities and challenges. Budunda’s self-serve platform empowers artists and aims to achieve financial sustainability by leveraging the popularity of African music. However, the music industry faces difficulties in enforcing copyright laws and providing effective solutions to combat piracy. The dilemma of choosing between global and local associations further complicates the growth of the local music ecosystem. The lack of expertise and funding are significant constraints for musicians in Africa, and it is crucial for local associations to develop scale and expertise to better support rights owners.
Speakers
AT
Antony Taubman
Speech speed
141 words per minute
Speech length
2825 words
Speech time
1203 secs
Arguments
The intellectual property system can be leveraged to promote economic development and sustainable development in the digital environment
Supporting facts:
- The WTO is based on a set of multilateral trade agreements, one of them concerning intellectual property, the so-called TRIPS agreement
- The relationship between trade and intellectual property has been transformed by digital technologies
Topics: WTO, TRIPS agreement, digital technologies, Intellectual property
The creative industries have potential to reach global audiences using digital platforms
Supporting facts:
- The creative industries are thriving around the globe with an increasing focus on the ‘orange economy’
- Digital technologies offer potential for creators to reach global audiences
Topics: creative industries, orange economy, digital platforms
Antony Taubman points out that digital products often consist of digital IP and intellectual property, making them tradable.
Supporting facts:
- The two specific case studies about the African musicians and environment waste treatment services relied significantly on software applications.
- IP is defined country by country, jurisdiction by jurisdiction, leading to challenges in creating a global marketplace for intangible products.
- Trade agreements attempt to create more connected global marketplace.
Topics: Digital Trade, IP Protection, Software
Antony Taubman suggests that trust and expectation to pay could become key issues for African musicians and proposes digitization and IP protection as potential solutions.
Supporting facts:
- Digital platforms can significantly influence the sphere of music, both for copyright registration and develop the domestic market.
- Successful IP efforts could repatriate African music and address the challenge of royalty collections.
Topics: Music Industry, African musicians, Copyright
The session was extremely beneficial and the ideas discussed can be taken forward
Supporting facts:
- The session involved a discussion about the business aspects of intellectual property and its relation to international trade
Topics: Intellectual Property, International Trade
Report
The session featured discussions on the role of intellectual property (IP) in promoting economic and sustainable development in the digital environment. The speakers highlighted the transformative impact of digital technologies on the trade-IP relationship. The World Trade Organization (WTO) is based on a set of multilateral trade agreements, including the TRIPS agreement, which focuses on IP.
They emphasized the significant influence of digital transformation on this relationship. However, the speakers also identified obstacles limiting development opportunities in the digital space. The digital divide and platform dominance were seen as significant challenges. These factors create disparities and hinder inclusive growth in the digital economy.
Achieving reduced inequalities in the digital sphere was highlighted as a priority. The creative industries were discussed in terms of their potential to reach global audiences through digital platforms. Digital technologies offer creators the ability to expand their markets and connect with global audiences.
The challenges of establishing a global marketplace for intangible products were also highlighted due to differing IP protection laws across countries and jurisdictions. Trade agreements were mentioned as a means to address these challenges and create a more interconnected global marketplace.
The impact of digital platforms on the music industry was explored, focusing on aspects such as copyright registration and the development of the domestic market. Successful IP efforts were seen as key in repatriating African music and addressing royalty collection challenges.
The importance of technical assistance in shaping future practices and directions in the digital economy was emphasized. Technical assistance can help businesses understand the importance of IP protection as they engage in the digital economy. Overall, the session was regarded as highly beneficial, generating ideas for future developments.
Gratitude was expressed towards the speakers and the organizing team. In summary, the session addressed the role of IP in promoting economic and sustainable development in the digital environment. Key topics included the transformative impact of digital technologies, challenges in the digital space, the potential of the creative industries, establishing a global marketplace, the impact of digital platforms on the music industry, and the importance of technical assistance.
JL
Joyce Lim
Speech speed
137 words per minute
Speech length
724 words
Speech time
318 secs
Arguments
Singapore is negotiating digital economy agreements with several countries including Australia, New Zealand, Chile, Korea, UK, the EFTA states, and the EU
Supporting facts:
- Singapore currently has four digital economy agreements with five countries and is in the process of negotiating two other agreements with the EFTA states and the EU
Topics: Digital Economy, Trade Agreements
Uncoordinated government regulations can potentially create trade barriers
Supporting facts:
- As the digital economy evolves, a lot of governments are starting to create regulations around the digital economy which can affect cross-country trade
Topics: Digital Economy, Trade Policies
Digital trade agreements are pivotal in harmonizing regulatory frameworks, enhancing digital trade, enabling free flow of data and fostering trust in the digital economy
Supporting facts:
- Digital trade agreements are designed to enable the digitalization of paper-based manual processes, ensure the free flow of data across borders, and protect both consumer and business rights
Topics: Digital Trade, Digital Economy, Data, Consumer Rights
Protection of creator’s rights during cross-border flow of digital goods and services is essential
Supporting facts:
- Important elements include the protection of source code and the use of cipher keys.
- Certain governments might demand release of these trade secrets for doing business, which is something that needs to be prevented.
Topics: Intellectual Property, Digital Trade
IP protection is a crucial aspect for businesses crossing borders, especially for micro, small, and medium enterprises (MSMEs)
Supporting facts:
- Reducing barriers for business when they cross borders is a key objective of digital trade.
- However, ensuring IP remains protected during this process is critical.
Topics: Intellectual Property, Digital Trade
Joyce Lim has learned a lot from the panel, especially about the business aspect of IP and its interaction with international trade
Topics: Intellectual Property, International Trade
Report
Singapore is actively engaging in negotiations for digital economy agreements with several countries, including Australia, New Zealand, Chile, Korea, the United Kingdom, the European Free Trade Association (EFTA) states, and the European Union (EU). These agreements aim to enhance digital trade, enable the free flow of data across borders, and foster trust in the digital economy.
Currently, Singapore has four digital economy agreements with five countries, and they are in the process of negotiating two additional agreements with the EFTA states and the EU. However, a challenge in the digital economy is the lack of coordination between governments in creating regulations.
As the digital economy evolves, governments are starting to implement regulations that can affect cross-country trade. The absence of coordinated efforts in developing these regulations may give rise to trade barriers hindering the growth and development of the digital economy.
To address this issue, digital trade agreements play a pivotal role in harmonising regulatory frameworks. These agreements aim to enable the digitalisation of paper-based manual processes, ensure the free flow of data across borders, and protect consumer and business rights.
By establishing consistent rules and standards, digital trade agreements reduce barriers for businesses operating across borders and foster trust in the digital economy by providing secure and reliable frameworks for data exchange. Protecting intellectual property (IP) is another crucial aspect of digital trade.
It is essential to safeguard the rights of creators during the cross-border flow of digital goods and services. Elements such as the protection of source code and the use of cipher keys are vital for preserving the integrity of trade secrets.
Demands from governments for the release of these trade secrets pose a potential threat to IP protection, and measures must be taken to prevent such demands. IP protection is particularly important for micro, small, and medium enterprises (MSMEs) engaging in cross-border business activities.
Reducing barriers for these enterprises is a key objective of digital trade, and ensuring the protection of their intellectual property is critical for their growth and competitiveness. Educating companies about IP protection in the digital economy is crucial. This area is of interest to both IP and trade policymakers.
By raising awareness and providing guidance on IP protection, companies can navigate the digital economy with greater confidence, ensuring the security and value of their intellectual property assets. Joyce Lim, who supports the negotiation of digital trade agreements, appreciates the insights gained from a panel discussion on the business aspect of IP and its interaction with international trade.
Her support stems from the recognition that digital trade agreements are essential in enhancing digital trade, liberating the flow of data, and building trust in the digital economy. Overall, the negotiation of digital economy agreements plays a vital role in advancing the digital economy.
By harmonising regulatory frameworks, protecting intellectual property, and educating businesses, these agreements create an environment conducive to digital trade and innovation. Through these efforts, Singapore and other countries seek to foster economic growth and strengthen partnerships in the digital era.
KN
Keith Nurse
Speech speed
149 words per minute
Speech length
1624 words
Speech time
654 secs
Arguments
Copyright is a critical element of industrial development.
Supporting facts:
- Copyright industries account for an expanding share of the global economy and a significant component of the digital economy.
- In the US, the copyright sector is bigger than the manufacturing sector, earning and employing more.
- Earnings from the digital economy is largely attributed to the copyright sector.
Topics: intellectual property, industrial development, copyright sector
The creative economy is a sizable component of the global economy now.
Supporting facts:
- The creative economy is estimated to be worth somewhere between 8% and almost 12% of global GDP.
- Platforms largely depend on creative content.
Topics: creative economy, global GDP, creative content
Low-income countries are dependent on exporting to middle-income countries.
Supporting facts:
- Approximately 84% of exports from low-income countries go to middle-income countries.
- Low-income countries are largely dependent on exporting within their own regions to the middle-income countries.
Topics: low-income countries, export economy
There is a large value gap in the creative industry due to the genre gap.
Supporting facts:
- Only 8% is being earned by creators in the platform economy.
- Developing countries suffer because their domestic markets are not strong enough to generate purchasing power, and the overseas markets may not be attuned to their genres.
Topics: creative industry, value gap, genre gap
Government should better understand and invest in creative industries
Supporting facts:
- Creative industries are largely underfunded in developing countries
- Commercialization of intellectual property and financing creative industries is not well developed in developing countries
- Government institutions spend more on low-return physical infrastructures like ports instead of investing in creative sectors.
Topics: Creative Industries, Government Funding, Intellectual Property
Artists need to understand and use modern technologies like blockchain, AI, and e-commerce
Supporting facts:
- Training artists and creative entrepreneurs in the digital era is important.
- Many developing countries lack understanding and exposure to emerging technologies like blockchain and AI
Topics: Digitalization, Training, Creative Industries, Artificial Intelligence, Blockchain
Report
The analysis provides an in-depth examination of various aspects related to copyright industries and the creative economy in the context of global development. The copyright sector is found to be a significant contributor to the global economy, with the United States’ copyright sector even surpassing the manufacturing sector in terms of earnings and employment.
This highlights the increasing importance of copyright industries in driving economic growth and creating employment opportunities. Similarly, the creative economy is acknowledged as a substantial component of global GDP, estimated to be worth around 8% to almost 12%. It is emphasised that platforms heavily rely on creative content, highlighting the pivotal role of the creative industry in sustaining and driving the digital economy.
On the other hand, the analysis sheds light on the challenges faced by low-income countries in their economic development. It is highlighted that these countries heavily rely on exporting to middle-income countries. Approximately 84% of exports from low-income countries are directed towards middle-income countries.
This dependency on neighbouring economies for trade creates a potential vulnerability, as the performance of their own domestic markets might not be sufficient to generate purchasing power, and overseas markets might not be well-aligned with the genres or products they bring forth.
Moreover, the analysis brings attention to the existence of a significant value gap in the creative industry, primarily resulting from the genre gap. Only 8% of earnings in the platform economy are received by creators, which poses a challenge, particularly for developing countries.
It is indicated that their domestic markets might lack the strength to generate purchasing power, while overseas markets might not appreciate or align with their unique genres. This disparity leaves many creators from developing countries at a disadvantage, preventing them from benefiting fully from their creative works.
Another significant aspect highlighted in the analysis is the underfunding faced by creative industries in developing countries. It is noted that government institutions tend to allocate more resources towards low-return physical infrastructures, such as ports, rather than investing in the growth and development of creative sectors.
This underinvestment hampers the potential of creative industries to contribute to economic growth and employment generation, further limiting their impact and potential. The analysis also emphasises the urgent need for artists and creative entrepreneurs in developing countries to understand and leverage modern technologies, such as blockchain, artificial intelligence (AI), and e-commerce.
It is mentioned that many artists face a lack of understanding and exposure to emerging technologies, which can hinder their ability to adapt and thrive in the digital era. By embracing and utilising these technologies effectively, artists can access new opportunities, expand their reach, and create innovative business models.
Lastly, the analysis suggests that the registration of artists with local copyright societies can play a crucial role in redirecting income to the country of origin. Currently, many artists register with copyright societies in developed countries, resulting in a loss of income for their home countries.
As an example, various globally recognised artists from countries like Jamaica are registered with copyright societies in the United States or Europe, leading to a loss of revenue that could benefit their home countries. By encouraging artists to register with local copyright societies, governments can ensure that income generated from their creative works returns to their country of origin, fostering economic growth and reducing inequality.
In conclusion, the analysis highlights the significant contribution of copyright industries and the creative economy to global development. It emphasises the need for policymakers and governments to better understand and invest in the creative industries, address the value gap and genre gap that hinder development in the creative industry, and empower artists with modern technologies.
Furthermore, it underlines the importance of redirecting income to the country of origin through local copyright societies to support economic growth and reduce inequalities in low-income countries.
MN
Marcela Nectoux
Speech speed
151 words per minute
Speech length
1086 words
Speech time
432 secs
Arguments
Greenplatt is a startup specialized in waste management
Supporting facts:
- One of their clients is Arcos Dorados, the McDonald’s restaurants franchise in Latin America
- More than 8,000 collections each month in Brazil are controlled through their platform
Topics: Waste management, Digital Economy, Software, Brazil
Intellectual property is a major concern for Greenplatt
Supporting facts:
- All clients sign a licensing agreement which protects Greenplatt’s software and clients’ data
Topics: Technology, Software, Intellectual Property
Marcela Nectoux appreciated the time spent in the discussion
Topics: Discussion, Learning
Report
Greenplatt is an innovative startup that specializes in waste management. With a positive sentiment, Greenplatt aims to bring transparency to the waste management sector. Their software plays a crucial role in achieving this goal by consolidating all environmental information related to waste management.
This allows for efficient tracking and monitoring of waste collections. Moreover, Greenplatt ensures the security of transactions and data on their platform, providing a minimum level of guarantees to clients. One notable client of Greenplatt is Arcos Dorados, the McDonald’s franchise in Latin America.
This partnership highlights the trust placed in Greenplatt’s services and the effectiveness of their waste management solutions. With more than 8,000 collections being controlled through their platform in Brazil alone each month, Greenplatt’s impact on responsible consumption and production, as outlined in SDG 12, is substantial.
However, Greenplatt faces challenges when expanding into international markets due to variations in jurisdiction and environmental laws. Each state in Brazil, for example, has its own set of regulations. Despite these challenges, Greenplatt is determined to broaden its reach and is expanding its operations to Mexico, Colombia, Argentina, and Chile.
This indicates their commitment to addressing waste management issues beyond regional boundaries. Furthermore, intellectual property is a major concern for Greenplatt. To safeguard their software and clients’ data, all clients are required to sign a licensing agreement. This ensures the protection of Greenplatt’s innovative technology in the waste management sector.
Additionally, a panel discussion proved to be a valuable learning experience for Marcela Nectoux, who gained insights into various aspects including environmental considerations, data protection, and intellectual property legislation. Marcela Nectoux expressed a positive sentiment about the discussion, suggesting that it was both informative and engaging.
In conclusion, Greenplatt’s mission to promote responsible consumption and production aligns with SDG 12. Their efforts to bring transparency to the waste management sector through innovative software benefit clients like Arcos Dorados. While they face challenges expanding into international markets, Greenplatt’s determination and expansion plans demonstrate their commitment to addressing waste management issues globally.
With a strong focus on protecting intellectual property, Greenplatt ensures the security and integrity of its software and clients’ data. Overall, Greenplatt’s positive sentiment, commitment to transparency and responsible waste management, and contribution to SDG 12 make them a notable player in the industry.
MM
Martin Møller Nielsen
Speech speed
180 words per minute
Speech length
2404 words
Speech time
801 secs
Arguments
Budunda is a music service focused on the African continent with a mission to promote both accessible music and better rewards for musicians.
Supporting facts:
- Budunda started out in Kenya about 12 years ago.
- Today, their biggest markets are Nigeria and Tanzania.
Topics: Music, Africa, Budunda
A significant problem in the African music market is piracy, and a significant characteristic is the high consumption of local music.
Supporting facts:
- In Africa, more than 50% of the music consumed is local.
- 80% across all their markets is from Africa.
Topics: Music, Africa, Piracy
Music rights in Africa are primarily held by the artists themselves, which creates both opportunities and challenges.
Supporting facts:
- Globally, majority of the music rights is owned by the three biggest major record labels.
- In Africa, majority of the music is owned by the artists themselves.
Topics: Music, Africa, Music Rights
Budunda is a self-serve platform, enabling artists to upload and manage their content directly.
Supporting facts:
- Budunda works with 150,000 African artists.
- The service allows artists to control their content.
Topics: Music, Africa, Music Rights, Budunda
Their business model is not yet financially sustainable, but they aim to be by 2025 while riding on the ongoing popularity of African music and Afrobeats
Supporting facts:
- They’re a public-listed company in Denmark and currently not a financially sustainable business
- They’re experiencing a wave of popularity they could not have predicted when they started
- Their numbers are publicly available
Topics: Business model, Financial sustainability, African music, Afrobeats
Innovation in the music streaming service often starts as an unlicensed service
Supporting facts:
- Spotify, YouTube, and TikTok started as unlicensed services until they gained traction
- Market factors often break the norm, attracting users more than rights holders
- Rights holders typically come to services after they’ve established some sense of success
Topics: Music streaming service, Innovation, Copyrights
Lack of expertise and funding are challenges for musicians in Africa
Supporting facts:
- There is a lack of maturity in local societies and rights holders, who often lack the expertise of their counterparts in the developed world
- Lack of volume affects the economics of the local associations, leading to higher costs
Topics: IP, Music industry, Developing countries, Trade agreements
Report
Budunda is a music service that was founded in Kenya approximately 12 years ago. Its main focus is to promote accessible music and improve the rewards for African musicians. While the service initially started in Kenya, it has now expanded its presence and its biggest markets are Nigeria and Tanzania.
Budunda works closely with around 150,000 African artists, offering them a self-serve platform that allows them to directly upload and manage their music content. Piracy remains a significant issue in the African music market. Nevertheless, more than 50% of music consumed in Africa is local, and within all markets served by Budunda, 80% of the music listened to is from Africa.
This highlights the vibrant and diverse musical landscape of the region. One interesting aspect of the African music industry is that music rights are primarily owned by the artists themselves. This diverges from the global trend where major record labels generally hold the majority of music rights.
The ownership of music rights by artists in Africa presents both opportunities and challenges, as it empowers artists but also requires infrastructure to ensure fair compensation for their work. Although Budunda’s current business model is not yet financially sustainable, the company has set ambitious goals to achieve financial sustainability by 2025.
They plan to capitalize on the ongoing popularity of African music, particularly Afrobeats, in order to attract a larger user base and generate more revenue. As a publicly listed company in Denmark, Budunda’s financial numbers are transparent and available for public scrutiny.
In the music streaming industry, innovation often starts with unlicensed services that gain popularity before rights holders become involved. Spotify, YouTube, and TikTok are examples of services that initially operated without licenses before establishing partnerships with rights holders. This pattern underscores the importance of striking a balance between market appeal and responsible copyright practices.
Enforcing copyright laws in emerging markets presents a significant challenge, and there is a lack of effective alternative solutions to combat piracy. While copyright laws exist, enforcement can be difficult in many emerging markets, posing a significant obstacle to protecting the rights and interests of artists and the music industry as a whole.
Artists face a dilemma when choosing between joining global associations or local associations. While global associations may be more effective at collecting rights, opting for local associations can contribute to the growth of the local music ecosystem. However, this choice is complex due to the industry’s instability and artists’ personal survival considerations.
The lack of expertise and funding severely affects musicians in Africa. Local associations often lack the maturity and resources of their counterparts in developed countries, which limits their ability to effectively support rights owners. To better serve artists and rights owners in Africa, it is crucial for local associations to build expertise and achieve economies of scale.
In conclusion, Budunda’s mission to promote accessible music and improve rewards for African musicians aligns with the vibrant musical landscape of the continent. Despite the challenges posed by piracy, the high consumption of local music emphasizes the strong demand for African artists.
The ownership of music rights by artists presents both opportunities and challenges. Budunda’s self-serve platform empowers artists and aims to achieve financial sustainability by leveraging the popularity of African music. However, the music industry faces difficulties in enforcing copyright laws and providing effective solutions to combat piracy.
The dilemma of choosing between global and local associations further complicates the growth of the local music ecosystem. The lack of expertise and funding are significant constraints for musicians in Africa, and it is crucial for local associations to develop scale and expertise to better support rights owners.