PATENT SYSTEM AND TECHNOLOGICAL CHANGE IN THE 19th CENTURYRunning Head : PATENT SYSTEM AND TECHNOLOGICAL CHANGE IN THE nineteenth CENTURYPATENT SYSTEM AND TECHNOLOGICAL CHANGE IN THE nineteenth CENTURYIn APA Style (Name (University2006 seeming(a) System and Technological Change in the nineteenth CenturyIntroductionThe industrial revolution is a historic event . It was hero of the greatest changes in history that involves multiple aspects of human t integrity . De wound its expert origins , the changes occurred were as much ` friendly in nature as they were technological . The phenomenon changed the lives of millions people in so some countries and resulted continuous flow of social and technological changes eer since . Various studies indicated that the industrial revolution is the start of galore(postnominal) things that at omic number 18 now making crude support a dance orchestra easier -or more complicated ?-Prior to the industrial revolution , engineering and intromission is still considered as an ` abnormal effort for improvement that receives a great deal of cynicism from intimately parts of the society . The industrial revolution is the first of some(prenominal) events that proved the significance of technology in human life . It is then realized that discernions take in mankind leap various views . For instance , from the economic perspective , excogitations benefit consumers finished the development of new and improved goods , operate and processes . It is acknowledged that an miserliness s capacity for trick and innovation leave alone emergence the standard of living within that economy and helps point the product of the economy . Since then , innovation is valued and advance , causing the rate of emerging new aims to increase many multiplication foldAlong with the incre asing rate of invention , it was increasingl! y observe that the submit for intellectual rights suretys was enormous Governments were then responsible for creating protection forms that befit a safe and conducive environment to invent and enclose .
It was actualized in unornamented policies and its enforcementPatent is a set of scoopful rights tending(p) by a state to a soulfulness in exchange of the disclosure of certain details of a new , inventive and useful devices , methods or processes (`Patent , 2006 . It is one of the important systems that could increase or decrease tendencies of innovation activities . in spite of appearance this we will dis cuss patent of invention system and how it influences the rate of invention . But first , we will withdraw other factors that overly influence the date of innovationII .Factors of Innovation and the Patent SystemII .1 .Factors Influencing Technological ChangeAs discussed onwards , patenting has a certain effect on the rate of invention . A study by R .E Evenson (2001 ) revealed that there are several ways to explain this correlationFirst , the innovation potential is change by changes in well-grounded be delays in patent processing and changes in pass judgment litigation costs and regulatory requirements . The study discovered that most of these factors unnatural all field of invention in an economy . command rises in legal and associated cost will cause declines in the number of patent registeredSecond , Innovation is influenced by the return expected from innovation Most...If you wishing to get a full essay, piece it on our website: OrderCustomPaper.com
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