Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Personal property law > Intellectual property, copyright & patents
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The Patent-Competition Interface in Developing Countries (Hardcover)
Loot Price: R3,705
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The Patent-Competition Interface in Developing Countries (Hardcover)
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This book proposes an approach to the patent-competition interface
for developing countries. It puts forward a theoretical framework
after canvassing relevant policy considerations and examines the
many reasons why patent protection is not essential for generating
innovation incentives in developing countries. These include the
tendency of the patent system to overcompensate innovators, the
availability of other appropriation mechanisms for innovators to
monetize their innovations, and the lack of appropriate
technological capacity in many developing countries to take
advantage of the incentives generated by the patent system. It also
argues that developing countries with a small population need not
pay heed to the impact of their patent system on the incentives of
foreign innovators. It then proposes a classification of developing
countries into production countries, technology adaptation
countries, and proto-innovation countries and argues that dynamic
efficiency considerations take on different meanings for developing
countries depending on their technological capacities. For the vast
majority of developing countries bereft of meaningful innovation
capacity, foreign technology transfer is the main vehicle for
technological progress. The chief dynamic policy consideration for
these countries is hence incentives for technology transfer instead
of innovation incentives. There are three main means of voluntary
technology transfer: importation of technological goods, foreign
direct investment, and technology licensing. Competition law
regulation of patent exploitation practices interacts with these
three means of technology transfer in different ways and an
appropriate approach to the patent-competition interface for these
countries needs to take these into account. Distilling all these
considerations, the book proposes a development stage-specific
approach to the patent-competition interface for developing
countries. The approach is then applied to a number of patent
exploitation practices, including unilateral refusal to deal,
patent tying, excessive pricing for pharmaceuticals, reverse
payment settlements, and restrictive licensing practices.
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