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Monopolies are bad for everyone (except for the monopoly, duh!).
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The most common and often misleading perception is a stronger patent regime will increase the prices of medicines, hitting the poor harder as they spend a larger portion of their disposable income towards medical treatment. But as we argue in this article, a patent has little or no impact in raising the price of essential drugs.
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NEW DELHI -- India announced a new intellectual property policy on Friday, speeding up the online registration of patents and trademarks, but resisted pressure from the United States and other Western...
There is more to manufacturing than building things. Manufacturing is the production of physical goods while design involves the way in which people construct products, devise business processes, and think about service delivery for society as a whole. Therefore design is a vital part of economic development, system operations, and overall quality of life. Relying upon the principles of creativity, functionality, and user-friendliness, design can offer tremendous opportunities to create jobs, boost small- and medium-sized enterprises and improve trade balances.