Traditional Culture Encyclopedia - Traditional stories - The importance of protecting intellectual property rights
The importance of protecting intellectual property rights
(3) Protecting intellectual property rights is conducive to promoting foreign trade and attracting foreign investors. The state makes great efforts to formulate intellectual property laws and regulations, protect intellectual property rights through laws, protect the legitimate rights and interests of intellectual property subjects, and crack down on illegal acts through laws to ensure the smooth operation of the intellectual property market, which can also stimulate people's enthusiasm for invention.
Legal basis: Patent Law of People's Republic of China (PRC) Article 1 This Law is formulated for the purpose of protecting the legitimate rights and interests of patentees, encouraging inventions and creations, promoting the application of inventions and creations, improving innovation ability, and promoting scientific and technological progress and economic and social development.
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