INTELLECTUAL PROPERY RIGHTS: ECONOMY Vs SCIENCE &TECHNOLOGY. Sankar Narayanan.S System Analyst, Anna University Coimbatore

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1 Volume 1 Issue 1 May 2010 pp I J I P R I A E M E INTELLECTUAL PROPERY RIGHTS: ECONOMY Vs SCIENCE &TECHNOLOGY ABSTRACT Sankar Narayanan.S System Analyst, Anna University Coimbatore I proposed to ensure that sustainable and equitable benefits arise out of the protection of intellectual property, it is essential to understand the impact IP has in areas such as public health, access to knowledge, and other fields that directly affect the population at hand. There is technological progress; there is a positive rate of growth. Following an improvement in technology, the economy grows and reaches a new steady state. Thus, innovation is encouraged through protection of IPRs, but creates an artificial monopoly for a time which increases the cost of using that technology. Other methods involve fiscal incentives and public investment. For instance, the government could offer tax credits to entrepreneurs or give concessions to businesses as well as invest in R&D itself. It is perhaps the IPRs issue which is most relevant to considering the law and economics aspects of growth.

2 INTRODUCTION The countries that possess major resources in science and technology, innovative capability, and investment capital. A system of intellectual property (IP) rights can encourage inventions by scientists and help promote the transformation of research achievements into marketed products. In India economic health of nations and the competitiveness of firms is determined largely by the ability to develop, from scientific and technological (S&T) innovations. Intellectual property rights (IPRs), such as patents and copyrights, are an important means used by firms to help protect their investments in innovation. They are legal instruments that have been used by governments for industrial development and economic growth. IPRs protect investments in innovation by granting patent for innovator.today lot of innovation can ready to file application concern IPR department.manily Government spend lot of amount for spread the awarness programme for various sector. In the IPR are very useful for indiscrimination of education, farmer etc.. Thus, IPRs an incentive to technological innovation and the objective of encouraging the rapid diffusion of new technology and the gathering of technological knowledge. ECONOMY IN IPR Economy of rate incerase based on certain science & technology basically lot of innovation are used various scetor like small scale industry, Small and Medium scale industry. The desire to preserve domestic employment and to maintain domestic production for reasons of national security The technological innovations in production have involved mass production and standardization. The emerging technologies make it possible to give an effective answer to the demand for diversification, product customization, and personalization; these are innovation can take place lot of employment are create to place establish the work.inadequate IPR protection is that 7

3 economic losses suffered by innovating firms could lead to a reduction in the rate of industrial innovation in the country and other technologically advanced countries capable of generating innovations. A lower rate of innovation could, in turn, result in slower world economic growth, which would hurt countries. EMERGING TECHNOLOGIES Some of the most significant emerging technologies including those in the areas of information, electronics, communications, and the new biotechnology do not fit neatly within existing categories of intellectual property rights. 1 They may force a of current approaches to protection at national and international levels. This compression is especially apparent in microelectronics and the information technologies, sectors in which international competition and academic and industrial research activities are intense.these are existing technology are avaliable in India but how can patent example like software ; India patent are more or less suitable for electronic, communication, mechanical are know all people. In this trend can take place modify /enforce IPR, IPR law to generate lot of income. In R&D This difficulty is due to the rapid diffusion of technology; the obsolescence of existing facilities and the high capital costs of new facilities, particularly in microelectronics and some of the new fields; the complexity of scientific and technological endeavors economies of scale; R&D in industry, develop products that make a profit for the company. COMPUTER SOFTWARE Computer software is expensive to develop but relatively easy to copy, conditions that make it highly vulnerable to infringement of intellectual property rights. The issue of how 8

4 to protect computer software, in india can do copyrights today lot IT sector are involved FDI but indian contion not avaliable software patent instead of copyrights. COPYRIGHTS VS PATENT In India similar problems with respect to existing forms of intellectual property protection. Like computer software development, designing and preparing masks for chip manufacture are expensive, but reproducing masks is relatively simple and inexpensive. Basically ship can embedded in software program. this saame program can be patent in like chip simillarlly same concept deal with written work for copyrights both are diffent person The basic technology for manufacturing chips is well established, so it is difficult to establish novelty or nonobviousness as is generally necessary for patent protection. Yet, a chip design is usually too functional to meet the requirements for copyright. BIOTECHNOLOGY One of the most important issues, which has been raised due to the emergence of modern biotechnology, is the legal characterization and treatment of trade related biotechnological processes and products, popularly described as Intellectual Property its protection. Due to these intellectual properties, many legal and public policies, which are impediments to biotechnological research are also being challenged and are, therefore, undergoing changes. Intellectual property is the development of crop varieties in agriculture. They are also promote employment & increase agriculture product Since a better understanding of intellectual property by research scientists and university/institute administrators will increase the pace of research for technological development in biotechnology India is already member of Paris Convention PCT Berne Convention Convention on biological diversity 9

5 WTO During the last two decades of the 20th century ( ), a large number of biotechnology companies came into existence with limited resources for R&D, created to encourage process patenting rather than novel product development in bio-technology. Cheaper labor, technical capacity and expertise may capture markets away from companies in the developed countries CONCLUSION Countries that protect patent rights well also protect other forms of intellectual property Today India face lot of unemployment & proverty; lots of scheme is announced central and state government to overcome the proverty. In meanwhile IPR how to utlised in science & technology and overcome proverty, unemployment. In India country 22% GDP based on Agriculture and also lot of people are not interest in this sector. How to involve the people to encourage the agriculture sector and also emergeny technology using this sector through IPR. In this period Goverenment announced second Green Revolution. In this revolution impetus Science and technology. In education people provide job various current technology lot of Software Company are avaliable in india current lot innovation in software country but patent are outside only. it may enforce IPR LAW to generate Icome References

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Getting Started. This Lecture Getting Started Entrepreneurship (MGT-271) Lecture 9-11 This Lecture Intellectual Property Rights Forms of intellectual property Patent, its types and steps to obtaining patent Potential financing sources