This incentive is particularly important in biotechnology, where R&D is often expensive and time-consuming. Secondly, patents encourage the disclosure of new inventions, which can stimulate further innovation and development all mobile number list within the field. Finally, patents can help attract investment by providing investors with a measure of security that their investments will be protected.
2. The Patent Landscape in Biotechnology Patents are granted for inventions that meet three main criteria: novelty, non-obviousness, and utility. In biotechnology, novelty often depends on the specific genetic sequence or manipulation technique used. Obviousness requires that the invention be a significant step forward from existing knowledge, not something that is readily apparent to a person skilled in the art. Finally, utility requires that the invention has a practical application.
