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An article in today's WSJ (subscription required) says:
Behind India's new patent protections -- which raised alarms in some quarters -- is a quiet change in the country's industry: India is becoming an intellectual property powerhouse.
The changes were triggered by outside pressure on India to observe pharmaceutical patents, but the response is based on the nation's perception of its overall self-interest. WSJ says:
Many Indian analysts and executives say the stronger patent protection is a necessary step in the country's economic development and it quotes one IP expert: It makes our intellectual property system better for pharmaceuticals, software and any other knowledge industry. To cut to the chase:
The new patent protections also are expected to result in millions of dollars of new foreign investment in research outsourcing in India, [the expert] says. With the stronger patent protection, more international companies will use India's relatively inexpensive engineers, scientists and programmers for product design, drug development and clinical testing.
posted by James DeLong @ 9:26 AM | International
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