Intellectual property rights (IPR) have become important in the face of changing trade environment which is characterized by the following features namely global competition, high innovation risks, short product cycle, need for rapid changes in technology, high investments in research and development (R&D), production and marketing and need for highly skilled human resources. Geographical barriers to trade among nations are collapsing due to globalization, a system of multilateral trade and a new emerging economic order. It is therefore quite obvious that the complexities of global trade would be on the increase as more and more variables are introduced leading to uncertainties. This paper focuses on Intellectual Property Rights and Pharmaceuticals, Public-Private Partnership in Indian pharmaceuticals.
Intellectual Property Rights, PPP, Pharmaceuticals, Technology, etc
