Strong domestic economy and strengthening the patent system, Microeconomics

Strong Domestic Economy:

We have to realise that healthy export sector can be built up only on a strong and efficient domestic economic structure. A sound domestic economy is a must if we want a self-sustaining buoyant export sector. We have to build up our own brands internationally and not depend upon artificial supports. Above all, simplicity, transparency and commitment to reforms are a must. 

Strengthening the Patent System:

Considering Indian diversity in resource endowments and specially its characteristics as a mega bio- diversity zone of the world, India should strengthen her patent system so that Indian products may not be patented by other countries ahead of her. Various Indian products associated with geographical names need to obtain special treatments like their foreign counterparts in other products.  

Posted Date: 11/15/2012 12:46:49 AM | Location : United States







Related Discussions:- Strong domestic economy and strengthening the patent system, Assignment Help, Ask Question on Strong domestic economy and strengthening the patent system, Get Answer, Expert's Help, Strong domestic economy and strengthening the patent system Discussions

Write discussion on Strong domestic economy and strengthening the patent system
Your posts are moderated
Related Questions
IN THE LABORATORY OXYGEN IS PRODUCED BY HEATING POTASSIUM CHLORATE ACCORDING TO THE EQUATION 2KCLO3-2KCL+3O2. WHEN 298g OF KCLO3 IS HEATED IT GAVE 181.2g OF OXYGEN. GIVEN THAT 32g


Steel and aluminum production Steel Canada 500, France 1200 Aluminum Canada 1500, France 800 The maximum amount of steel or aluminum that Canada and France can produce if they full

Criticisms of World trade organisation:   There are critics too of the WTO. It is believed that the WTO will emerge out destructive of biodiversity and people's livelihoods by

compare traditional modern and engineering cost curves


Using the Wage Rate and Output per Hour as indicated on the table below, calculate the output per dollar wage and unit labor cost. Then decide on the optimal wage rate for this c

Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low

a) The production function of certain firm is given as Q = 40 K 1/2 L 3/4 A unit of capital and labour costs Kshs 44 and Kshs 36 respectively. The firm would like to maxim

Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you ex