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|Title:||Currency Patents - The Anticipated Bust of an Economy|
|Keywords:||Patents;Currency;Economy;Patent regime;TRIPS Agreement;Compulsory license|
|Abstract:||The effect of fluctuations in the value of a currency is a matter for serious thought. Patents are heralded to be the future of the world, providing stepping stones to a better future. But the effect of holding a patent on a currency is a problem that has not yet come to the fore. This paper is an attempt to bring out the possible impact of patents held on various components of currencies –‘currency patents’ on the value and operation of the currencies in which they are incorporated. The paper is based on the current trends of economies and general behaviour of market and highlights why exactly an economic breakdown can occur because of currency patents.|
|Appears in Collections:||JIPR Vol.14(1) [January 2009]|
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