Intellectual Property Law and Innovation

The launch of the Russian Sputnik vaccine in 2020 echoed the launch of the Soviet Sputnik satellite in 1957 and reminded the world once again that Russia is a sophisticated technological power. Most inventions in the Soviet Union were managed by the system of inventor’s certificates which ensured open flows of knowledge among the scientific networks behind Russia’s industrial development. Inventions in today’s Russia are managed by the globalized institution of patents which can create high barriers to entry in innovation markets. This article argues that the globalized institution of patents has been compromised in Russia because the barriers to entry that patents create are not justified in the absence of well-functioning markets. The danger of the institutional mismatch is lost opportunities for Russia to grow knowledge and to diversify its economy. Western property rights in innovation in the hands of crony capitalists can magnify the social harms of the patent system leading to high concentration of ownership of knowledge.

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Australian Intellectual Property Law

Davison

Monotti

Wiseman

2011

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Intellectual property law in Australia has changed dramatically in the last decade and continues to change. Developments in technology, the rise of the internet, the globalisation of trade and the increasing importance of 'superbrands' – trade marks with global appeal – have all affected the laws surrounding intellectual property. Furthermore, globalisation has resulted in greater pressure on intellectual property owners to expand their rights as they endeavour to capture the potential benefits of ownership in an increasingly affluent and integrated world economy. Australian Intellectual Property Law, 2nd edition has been fully revised to take into account these significant case and legislative developments in trademarks, copyright and patents law. This book offers students and legal professionals a detailed discussion of the black-letter aspects of the law, with a primary emphasis on legal principles and complexities.

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Intellectual Property Law and Innovation

Cited by 9 publications

References 81 publications

The Mark of Innovation in Aquaculture: The Role of Intangible Assets

The Mark of Innovation in Aquaculture: The Role of Intangible Assets

Russian Innovation in the Era of Patent Globalization

Australian Intellectual Property Law

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