Intellectual Property (IP) Rights And Innovation In Small And Medium-Sized Enterprises
- Topics:
- Intellectual Property
- Tags:
- Business Operations,
- Strategy,
- Small And Medium Enterprise,
- Research & Development,
- Patent Application,
- Management,
- Knowledge,
- Intellectual Property,
- Innovation,
- World Intellectual Property Organization
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Overview: The phrase "Knowledge-based economy" describes the new economic environment in which the generation and management of knowledge play a predominant part in wealth creation, as compared with the traditional factors of production, namely land, labor and capital. The system of Intellectual Property (IP) rights creates a mechanism to resolve the "Appropriability" problem of knowledge, by creating property rights over knowledge. In providing an incentive to innovate IP rights, particularly patents and utility models, play a key role in the diffusion of new technological information as patent applications are generally published few months after the filing of the relevant patent application. The focus on innovation will naturally draw the bulk of the analysis in this paper to the patent system (including utility models).
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Format: PDF | Size: 243KB | Date: Jun 2004 | Pages: 25
