Problems Of Patent Laws In International Business
Problems Of Patent Laws In International Business?
The increasing use of patents to protect invention and scientific research has contributed to enhancing its significant role in innovation and hence, in the whole economic performance.
The witnessed development in the performance of science, and technology especially communication technologies and biotechnology has created a renovation wave, that create an essential need for interactions among global networks in the public and private sectors.
This new wave contributed to the expansion of patentable matters and a shift in the legal framework of patents, this shift resulted in the appearance of problems of patent law in international business due to the variety of registration requirements in the legal and regulatory framework.
Let’s dig deeper into the problems of patent law in international business but first, let’s first highlight to what extent have changes in patent regimes been beneficial to innovation and technology diffusion.
