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IPR AND ITS RECENT DEVELOPMENTS

  • Unique Paper ID: 162521
  • Volume: 10
  • Issue: 10
  • PageNo: 277-285
  • Abstract:
  • Intellectual Property Rights (IPR) constitute a cornerstone of modern innovation economies, providing designers, inventors, and innovators with the legal framework required to protect their intellectual assets. Recent developments in IPR have been characterized by a confluence of technological advancements, globalization, and evolving societal expectations, presenting both opportunities and challenges for stakeholders across various industries and sectors. This abstract explores the multifaceted landscape of IPR and its recent developments, examining key trends, implications, and considerations for policymakers, businesses, and society as a whole. It examines the emergence of new machineries such as artificial intelligence, blockchain, and gene editing, and their impact on intellectual property law, including questions of ownership, patentability, and enforcement. Moreover, it highlights global efforts to harmonize intellectual property laws, the rise of open access and collaborative innovation models, and the ongoing debates surrounding access to essential goods and services, particularly in healthcare and education. The abstract underscores the importance of discovering a balance between shielding intellectual property rights and promoting access to intelligence and innovation for societal benefit. Furthermore, it addresses the challenges and opportunities presented by recent events such as the COVID-19 pandemic, which have brought to the forefront issues of patent rights, licensing agreements, and technology transfer mechanisms in the context of public health emergencies. In conclusion, the abstract emphasizes the dynamic and complex nature of the IPR landscape, calling for continuous dialogue, adaptation, and innovation to ensure that intellectual property laws and regulations remain responsive to the needs of a rapidly evolving global economy while upholding principles of fairness, inclusivity, and sustainability.
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 10
  • PageNo: 277-285

IPR AND ITS RECENT DEVELOPMENTS

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