Pre-competitive Development Activity

Pre-competitive development activity in Global Commerce Policy

In this regard, pre-competitive development activity is: a concept used in the WTO Agreement on Subsidies and Countervailing Measures. The entries on trade policy are here. Assistance, i.e. subsidies, for research activities conducted by firms or on their behalf is permitted if it does not cover more than 50% of pre-competitive development activities. These are defined as the translation of industrial research findings into a plan, blueprint, or design for new, modified or improved products, processes or services whether intended for sale or use, including the creation of a first prototype which would not be capable of commercial use. The entries on trade policy are here. It may also include the conceptual formulation and design of products, processes or services.[1]

Pre-competitive development activityin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Pre-competitive development activity” entry (OAS)

See Also