Impact of Information Technology and Biotechnology Revolutions
May 27th, 2008The system of patents is subjected to continuous changes in its philosophy and in its purview. The invention of new technologies is always a test for the system of patents. The objective of the patent law is to encourage and promote research and development of new innovations and technologies, had its implications on patenting many innovations. With the emergence of the two pioneer technologies of the modern world namely information technology and biotechnology the system of patents is undergoing significant changes. The fact that the philosophy of patent law is dynamic and prone to continuous changes has had its impact on patenting the inventions of these new technologies. The modern world is very much influenced by these two technologies. Research and innovation in these fields is progressing day by day. As a result many inventions with great utility and function have been claimed for patents. Though the patenting of the inventions of these two technologies generated heated debates throughout the world ultimately benefit of the society seems to be overweighing all the objections and oppositions. The versatile nature of the patent system is once again drawing attention with the new trend of patenting the inventions of information technology and biotechnology
Posted in Guide of Patent Protection |