The US and European Experience
PART III: The evolution of the discipline and problematic issues in the United States of America
In developed countries like the United States of America, the biotechnology industry has gradually grown to occupy a prominent position on the national economic scene. The patent system has played a fundamental role in this growth. Public and private institutions have recognized the significance of biotechnology in everyday life today and in the innovation of business models, and have invested considerable amounts in the research and development of biotechnological inventions, in the face of the legal system’s clear preference for the encouragement of such innovations through the granting of exclusive patent rights. In the United States, further, a continuous increase of research on human genetic material has been seen in recent decades, with increasing success and a consequent large number of patents on genes, DNA, etc. What is more, with the decoding of the human genome, medical science has been revolutionized, and individualized treatment is expected for many genetic and hereditary diseases. As a consequence, an extremely large number of patent requests for various segments of the human genome have been filed with the United States Patent and Trademark Office. In general, the purpose of the American patent system is to promote scientific and technical progress, providing compensation to inventors as an incentive to reveal information which may benefit the public. Compensation is given as a concession by the federal government of the right to exclude third parties from the creation, use or marketing of the invention. At first sight, then, the American patent system appears similar to the European one.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.