Volume 4, Issue 12 (Spring 2010)                   MLJ 2010, 4(12): 25-69 | Back to browse issues page

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Habiba S, Moala M. Function of Patent System in the Biotechnology Development. MLJ 2010; 4 (12) :25-69
URL: http://ijmedicallaw.ir/article-1-461-en.html
Abstract:  

Creating legal incentive institutions is one of the grounds necessary for scientific and economic growth. By creating financial incentives for inventing, the patent system increases competition and encourages technological and as a result, economic growth. Considering it leads intellectual and financial investments into new knowledge and technology and leads to of the R&D sector, promotion of competition in the market of technology and creating more efficient technologies. Although sometimes some say that due to the distance of south and north countries in wealth and technology, patent system impedes the growth and development in developing countries, the logic of the patent system does not accept such approach. Also the patent system efficiency in some developing countries, does indicate the development of new indigenous technologies and necessary foreign investment needed in this area, is not reachable without a strong supportive system.


Received: 2010/02/14 | Accepted: 2010/04/19

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