Does the New Intellectual Property Rights Regime Impede Innovation in Developing Countries: A Case Study of The Indian Pharmaceutical Industry
Author(s)
Hati, Moutushi
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Abstract
This paper starts with a simple and brief introduction of Intellectual Property Rights.
Intellectual property gives certain right to some individual to exclude others from the
use of specific intangible creations/innovations for a certain period of time. These
creations take the form of tangible products. The Law gives protection to the intangible
creations like ideas, technical solutions. This implies that the owner of a patent can
prevent the manufacture, use or sale of the patented product in the countries where the
patent has been registered. This explains why intellectual property rights may have a
direct and substantial impact on industry and trade.
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Date
2006-10
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Text
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Proceedings