The patent is a right, granted by the state to an inventor or his cause holder (owner side). This right allows the patent holder to prevent others from making use ofthe patented technology. The patent holder is the only one who can use the technology claimed in the patent or authorize others to implement under the conditions set by the owner. Patents are grantedby the States for a limited time now it is twenty years.
Some of the usual arguments in favor of patents argue that the benefits that a patent gives an inventor are:
* Encourage creativity ofthe inventor, as he now has the assurance that their inventive activity will be protected for 20 years and is the only exploit it.
* If the patent has commercial or industrial success, the inventorbenefits from the operating licenses or decide to expand to others.
* Avoid plagiarism of his inventions.
* Because the inventive step are not saved or used only for himself avoidingindustrial exploitation; the inventor always will announce, advertise and explain the benefits of his invention is.
* Meanwhile, the Government, through the patent, promotes the development ofindustrially applicable inventions, promotes the development and operation of industry and trade and technology transfer.
Some of the usual arguments about the social harm of the patent system are:
*Hinders the free diffusion of innovation slowing technological development.
* Assumes monopolistic barriers to free competition.
* Hinders access of poor countries to new technologies.
*Discourages research by establishing a period of exclusive use of a technology without improvement.
When the monopoly is a public company, the state is protects it from competition by prohibiting the entryof new agents. The company grows irreducibly, regardless of economic conditions. The activity of research and development is guided by criteria of effectiveness, not efficiency. Innovations are...