Volume 4 • Issue 2 • PP: 40–43 • 2024
The Importance of Patents in the Development of Industrial Production in the Region
Open Access & Copyright
© 2024 The Author(s). Published by ASPG. This article is licensed under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
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In this article, patents play an important role in the development of industrial production in the region. As legal documents protecting intellectual property, patents serve as a catalyst for innovation, investment, and economic growth. By analyzing historical and contemporary examples, this study discusses how patents stimulate research and development, encourage technological progress, and increase competitiveness in regional industries. In addition, the article examines the effect of patents on the volume of production of industrial products per capita. By examining the relationship between patents and industrial production, this study highlights the importance of robust patent systems in shaping the trajectory of regional economic development.
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References
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[3] A. B. Jaffe and J. Lerner, Innovation and Its Discontents: How Our Broken Patent System Is Endangering Innova-tion and Progress, and What to Do About It. Princeton University Press, 2020.
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