3 Review(s)

 The push for strong international IPRS has come primarily from governments of developed countries that have made knowledge economy innovation a central pillar of their industrial strategies. These Governments are not, however, only seeking to enhance the interests of their domestic terms. They have recognized the importance of private capital in producing innovations which improve the overall well-being of society and that in a market economy, IPRS are required to induce these investments. There is significant potential for improving the lives of many people in developing countries through improved medicines and agricultural crops.