WIPO Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge: Concerns of India and Developing Nations- Part II
SpicyIP
JUNE 3, 2024
In the second scenario, where Indian patents have limited demand in the international market, the treaty might impose additional burdens without proportionate benefits. This scenario aligns with India’s 2030 mission to become an innovative country, benefiting from the treaty’s focus on patents (Dutfield, 2011).
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