This article argues that the proposals regarding patenting which are i
ncluded in the recent international Agreement on Trade-Related Aspects
of Intellectual Property Rights (TRIPS) will strengthen existing trad
e monopolies and adversely influence technology diffusion between the
North and the South. Such an outcome, which would possibly diminish ma
rket opportunities for the less affluent nations, would further widen
the economic gap between North and South. The article uses a neo-techn
ology theory of trade to shed light on this emerging problem.