ISSN 2321–3647
Sun, 19 Nov 2017

Industries Influence on Intellectual Property Negotiations: A Review

Sachin S. Salunkhe*1, Sachin S. Mali2, Neela M. Bhatia1, Koustubh M. Thorawade2, Ashok A. Hajare2, Manish S. Bhatia3

1.Department of Quality Assurance Technique, Bharati Vidyapeeth College of Pharmacy, Near Chitranagari, Kolhapur, 416 013, Maharashtra, India.

2.Department of Pharmaceutical Technology, Bharati Vidyapeeth College of Pharmacy, Near Chitranagari, Kolhapur, 416 013, Maharashtra, India.

3.Department of Pharmaceutical Chemistry, Bharati Vidyapeeth College of Pharmacy, Near Chitranagari, Kolhapur, 416 013, Maharashtra, India.


ABSTRACT

The commercial importance of IPRs has grown considerably, especially since the 1970s. Those national economies in which most IPR-holding corporations are concentrated have experienced a transformation in the composition of their exports in manufactures. Since 1970, for most developed countries, the contribution of advanced technologies to economic performance in terms of manufacturing value-added and exports has increased substantially. “Intellectual Property” those creations of the legal mind in relation to which the state confers upon individuals a statutory monopoly for a prescribed term to prevent their unauthorised exploitation. Present project gives focus on how industrys influence on intellectual property  negotiations, impact of industrys intellectual property on economy of different countries. Multi-agent systems (MAS) offer an innovative approach towards reducing the tremendous time and human resources invested in negotiations since they are particularly suitable for resolving fragmented problems. The World Intellectual Property Organization (WIPO) is one of the specialized agencies of the United Nations (UN) system of organizations. Indians law relating to Intellectual property statute has undergone changes to bring it in harmony with the corresponding laws in developed countries. India is a signature of GATT, and it has be founding member of WTO and mutates mutandis agreements attached to WTO, especially TRIPs. The paper will survey the significant milestones in copyright policy development over the last two decades and conclude with a conceptual model that can be tested through analysis of other case studies of cross-jurisdiction intellectual property relationships.

Keywords: IPR, WIPO, WTO, Indian patent law, TRIPs.


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