Intellectual property and patent laws vary greatly in developing countries. How wouldyou propose to protect your products in a developing country with a large populationwhere the CEO of a generic pharmaceutical manufacturer states: “The U.S. wouldgrant a patent on a piece of toilet paper. Just because the U.S. granted a patent doesn’tmean it should be valid in our country.”
Intellectual property and patent laws vary greatly in developing countries. How wouldyou propose to protect your products in a developing country with a large populationwhere the CEO of a generic pharmaceutical manufacturer states: “The U.S. wouldgrant a patent on a piece of toilet paper. Just because the U.S. granted a patent doesn’tmean it should be valid in our country.”
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Intellectual property and patent laws vary greatly in developing countries. How would
you propose to protect your products in a developing country with a large population
where the CEO of a generic pharmaceutical manufacturer states: “The U.S. would
grant a patent on a piece of toilet paper. Just because the U.S. granted a patent doesn’t
mean it should be valid in our country.”
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