PATENT SYSTEM AND TECHNOLOGICAL CHANGE IN THE ordinal CENTURYRunning Head : PATENT SYSTEM AND TECHNOLOGICAL CHANGE IN THE 19th CENTURYPATENT SYSTEM AND TECHNOLOGICAL CHANGE IN THE nineteenth CENTURYIn APA Style (Name (University2006Patent System and Technological Change in the nineteenth CenturyIntroductionThe industrial revolution is a historic event . It was mavin of the greatest changes in history that involves multiple aspects of human diet . Despite its technological origins , the changes occurred were as much `social in nature as they were technological . The phenomenon changed the lives of millions people in so many countries and resulted continuous flow of social and technological changes forever and a day since . Various studies indicated that the industrial revolution is the start of many things that ar now making modern life a canvass easier -or more complicated ?-Prior to the industrial revolution , applied science and variety is still considered as an `unnatural effort for improvement that receives a great deal of cynicism from most parts of the society . The industrial revolution is the first of many events that proved the significance of technology in human life . It is so realized that developions fail ahead mankind form various sides . For instance , from the sparing perspective , foots benefit consumers through the development of new and ameliorate goods , go and processes . It is acknowledged that an deliverance s capacity for pattern and innovation allow for increment the standard of living within that economy and helps rag the growth of the economy . Since then , innovation is valued and encourage , causing the rate of emerging new intentions to increase many times foldAlong with the increasing rate of invention , it was progressively notice that the need for intellectual rights protective covers w! as enormous Governments were then responsible for creating protection systems that accommodate a safe and conducive environment to invent and innovate .
It was actualized in visible policies and its enforcementPatent is a set of goop rights granted by a enunciate to a soul in exchange of the disclosure of certain(prenominal) details of a new , inventive and useful devices , methods or processes (`Patent , 2006 . It is unmatchable of the influential systems that could increase or decline tendencies of innovation activities . at heart this we allow discuss unvarnished system and how it influences the rate of invention . But first , we will describe other factors that besides influence the date of innovationII .Factors of variety and the Patent SystemII .1 .Factors Influencing Technological ChangeAs discussed onwards , patenting has a certain case on the rate of invention . A study by R .E Evenson (2001 ) revealed that there are several ways to rationalize this correlationFirst , the innovation potential is moved(p) by changes in effectual price delays in patent processing and changes in pass judgment judicial proceeding costs and regulatory requirements . The study discovered that most of these factors stirred all palm of invention in an economy . ordinary rises in legal and associated cost will cause declines in the number of patent registeredSecond , Innovation is influenced by the return expected from innovation Most...If you necessitate to get a full essay, separate it on our website: OrderCustomPaper.com
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