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EN
The pharmaceutical industry has always been an example of modernity and innovation. Economists point out in their research that patents play a more important role in the pharmaceutical industry than in other technical industries. This is due to the high costs of discovering and developing innovative drugs, though the cost of generic imitation is minimal. The article attempts to define the importance of patent protection and generic regulations for the development of and access to new drugs. Economic aspects of the innovation process and legislative changes concerning generic drugs complement results of the analysis of empirical data. Using this data, the author comes to the conclusion that the implemented changes are negatively correlated with the pharmaceutical companies’ motivation to innovate. Delaying strategies being developed and generic competition have an influence on the strength and extent of their innovation.
EN
The present economy requires the formation of pro-innovative behaviours, which themselves create conditions required for the effective generation and initiation of one’s own achievements in the scientific-technical realm. The role of the state in the economy and its influence on economic processes undergoes a number of changes in reference to the range and form of influence, and also in the intensity of the influence of public powers on the economy. Realisation of this work requires the ability to use accessible legal and economic instruments in patent policies, which stimulate the development of a country’s creativity and inventiveness. This article strives to analyse how changes in Chinese patent law have influenced patent activity during a period that has seen “three great reforms to patent law in China”. The first part presents the role of patents as the basis for qualifying the mechanisms of influence on innovations and the outline of legislative changes in China. The second part offers an analysis of the profile and range of patent activity there. The conclusions of the article discuss the positive relationship between changes in patent protection and the observed rate of innovations in China, of which an essential element is the observed “patent boom”.
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