Abstract:One of the key elements of modern economies is their innovation, measured in many ways. The measures of innovation most often include R&D expenditure (expenditure side) and patents (effects side). Undoubtedly, the level of expenditure on research activities is important, but the true picture of an innovative economy is provided by the side of the achieved results, i.e. patents. The purpose of the article is to analyze the impact of patent law (organizational, financial, and legal conditions, and thus the n… Show more
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