The Effects of Patent Cooperation Treaty (PCT) on High Technology Industry Export Development

Bijan Nasiri Azam (), Farshid Khanjanian Doranmahalleh () and Rasoul Kashkooli ()
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Bijan Nasiri Azam: University of Applied Science and Technology, Karaj, Iran
Farshid Khanjanian Doranmahalleh: University of Applied Science and Technology, Karaj, Iran
Rasoul Kashkooli: University of Applied Science and Technology, Karaj, Iran

European Journal of Studies in Management and Business, 2017, vol. 2, 28-38

Abstract: Patent Cooperation Treaty to which all industrialized and developed countries are membered is characterized by many advantages for owners of high-tech goods in the global market. This treaty makes companies to prevent competitors entering in to the market with similar technologies and also makes taking advantage of the priority much more difficult. WIPO releases an annual report of the patent applicants registered in the treaty and technology in which competition of countries and companies is much more highlighted. In the present paper, evaluation of nationality of countries with the greatest demand for registration in this Treaty and statistics offered by world bank on countries with highest exports of high technology products (in dollar value), it is concluded that all countries take advantages of the Patent Cooperation Treaty at the forefront of international policies for their products. Finally, some suggestions for practitioners for proper use of PCT as well as its benefits and limitations is presented.

Keywords: International Patent; High Technologies; Patent Cooperation Treaty; World Intellectual Property Organization; World Bank (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:bco:mbrqaa::v:2:y:2017:p:28-38

DOI: 10.32038/mbrq.2017.02.03

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