ARCHIVES
VOL. 12, ISSUE 1 (2026)
The impact on patent law on innovation and technological advancements
Authors
Dr. Karan Singh Gaur, Janvi Chugh
Abstract
Patent law plays a crucial role in shaping innovation and technological
advancement by providing legal protection and economic incentives to inventors.
By granting exclusive rights for a limited period, patent systems encourage
investment in research and development, facilitate knowledge disclosure, and
promote the commercialization of new technologies. This legal framework aims to
strike a balance between rewarding inventors and ensuring public access to
technological knowledge after the patent term expires. However, the impact of
patent law on innovation is complex and multifaceted. While strong patent
protection can stimulate innovation by reducing the risks associated with high
research costs, overly rigid or expansive patent regimes may hinder technological
progress by creating monopolies, increasing litigation, and restricting access
to essential technologies. In emerging fields such as biotechnology, artificial
intelligence, and pharmaceuticals, patent law significantly influences the
direction, pace, and diffusion of innovation. This abstract examines the
positive and negative impacts of patent law on innovation and technological
advancement, highlighting the need for a balanced and adaptive patent system
that fosters creativity, competition, and sustainable technological growth in a
rapidly evolving global economy.
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Pages:90-95
How to cite this article:
Dr. Karan Singh Gaur, Janvi Chugh "The impact on patent law on innovation and technological advancements". International Journal of Law, Vol 12, Issue 1, 2026, Pages 90-95
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