Intellectual Property Rights in the Global Economy

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Summary: General review about the same
Review: The book is execellently drafted, edited. the intellectual property is an indespensable asset for any firm and the said assets needs protection from infringement and recognition not only in the domestic market but also in the international market. The trade mark, copyright and patent is the most worthiest intellectual property and runs the show of the company in this competitive market. Patent is granted to the product aswell as the process/method of product. the value of medicine are going to shoot up if the product is patentable. If the product of the foreign goods are patented than monopoly is created and in our country (India) where only the process is patentable and product is never patentable, if the foreign goods which are patentable comes in our economy than such goods will be expensive as no other similiar/identical goods of our country can sell such goods. It may create unneccessary concentration of economic power. Trade mark is granted to the mark, logo, symbol while copyright is granted to the exclusive work and patent to the invention. Said law of all the country should be in one line then and then intellectual property can be protected in one another country. I have not purchased the said book but i have gone through the same i feel very interesting and its very pragmatic and visionary for the coming days. The same was not available in our city (Ahmedabad) in the state of Gujarat INDIA.