ONS and Intellectual Property

Traditional medicine and intellectual property

Medical plants have a great value in traditional knowledge related to human health care both used whole plant or consisting in curative remedies. These valuable uses has been led to commercial use of medicinal plants and their derivatives which makes great benefits. Also there is a growing desire to use of completely natural materials as curative drugs around the world. These facts show up a gr...

Traditional medicine and intellectual property

Medical plants have a great value in traditional knowledge related to human health care both used whole plant or consisting in curative remedies. These valuable uses has been led to commercial use of medicinal plants and their derivatives which makes great benefits. Also there is a growing desire to use of completely natural materials as curative drugs around the world. These facts show up a gr...

Intellectual property.

Appropriation and Intellectual Property

A standard rationale for intellectual property is that by awarding a monopoly to innovators the government increases the amount of social surplus appropriated from invention, thereby improving efficiency. Indeed, if an inventor can appropriate the full surplus from his invention the first best will be obtained. We observe that while full appropriation is sufficient for efficiency, it is not nec...

Intellectual Property and Development