1. PROTECTION OF INDUSTRIAL PROPERTY RIGHTS AS A STIMULATOR FOR ECONOMIC GROWTH.
- Author
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Gjorgjioska, Emilija, Andonovski, Miroslav, and Mateski, Aleksandar
- Subjects
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INDUSTRIAL property , *PROPERTY rights , *SOCIAL & economic rights , *ECONOMIC expansion , *CAPITALISM , *TECHNOLOGICAL progress - Abstract
In contemporary society, industrial property rights are carriers of economic growth, technological development, and general wellbeing. The market economy can hardly develop without the protection of industrial property and innovations. The industrial property in the contemporary economy presents one of the main competitive advantages. The protection of the intangible property from authorized use is a condition for profitable operation, which is, of course, the main premise for innovations, foreign investments, increase of the gross domestic product, foreign trade and increase of employment. The paper will also analyze the results from the authors' own research and research conducted in the EU regarding the influence of the protection of industrial property rights on innovations, employment, and economic growth. [ABSTRACT FROM AUTHOR]
- Published
- 2020
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