Literature Review

The amount of patent filings for scientific and technological innovations is a relevant category in regards to producing the superpower index. The reason for this is because it is indicative of quaternary sector employment, which generally equates to higher income due to the high standard of research that can be gathered and then sold on to other countries at a high price. Additionally, a large number of patents enables a country to become dominant sellers of a product, therefore allowing them to be the main exporter, increasing the country’s cultural influence; this also allows a country to gain a large profit. The factor of population is significant here, as a large population may result in a large number of researchers, and therefore a large number of entrepreneurs, contributing to a countrys’ influence on global markets. The figure shows that the USA has the highest ranking in regards to this factor, highlighting its superpower status as the country has 391,000 patents and innovations compared to the lowest ranked country of Brazil, which only has 4,750.

Protection of intellectual property are investments based on acquired knowledge, thought and effort by one or multiple individuals on behalf of themselves, the business they work for when the property is created, and a financial investment. Each of these – acquired knowledge, thought, physical effort, financial investment – have a value that can be attached as it relates the usefulness or importance of the resulting product. That value will have a level of importance to the individual(s) creating the product and if applicable, the investor providing the funds in support of the creation.

It is intended both to provide thumbnail descriptions of the various intellectual property regimes to economists working in this area and to indicate where additional economic research might be useful. The other papers in this symposium provide important examples of ongoing research on the economics of intellectual property. Suzanne Scotchmer analyzes the complex effects of patent protection when innovation is cumulative. Rather than analyzing situations in which several firms vie to develop the same innovation-the approach of the "patent race" literature-her analysis examines circumstances in which only one firm can develop an initial innovation but others can also build upon it. She focuses on how the incentive to develop both the initial and subsequent inventions may be affected by the scope of patent protection. Janusz Ordover considers ways of adjusting the patent system that may help to both provide returns to the inventor, and encourage the diffusion of the innovation in the economy. His paper is part of a line of work that explores the place of the intellectual property system among the large number of institutions that affect the amount and nature of research and development that takes place. In the final paper, David

The purpose of this paper is to discuss the challenges in providing quality care to the elderly. I will conduct an evidenced-based literature review addressing quality improvement initiatives and programs for older adults. Following the literature review, I will describe barriers and solutions of quality programs and initiatives for older adults. Lastly, I will identify the future impact on nursing care of older adults resulting from this experience.

It is well-known that body language refers to nonverbal mode of communication. On scientific analysis, it has been found that the different aspects of communication comprise 55% bodily movements and gestures, 38% vocal tone and only 7% words or verbal communication. It is thus clear that about 93% of communication is nonverbal, as many times, words are inadequate. This shows that correct use of body language serves as an effective nonverbal communication tool to convince fellow-workers at workplace, as well as family and friends, eventually leading to overall organizational success through self-development. It further leads to personal and professional growth of an

From a rule utilitarian point of view, from a macroeconomic perspective, granting software patents by giving the exclusive right to sell, use,

Similarly, another advantage of the patent is restricting competitors. In the smartphone industry, Apple had a patent for its slide and lock feature and other competitors such as Samsung are unable to use that feature. With patents, companies are able to differentiate themselves and their products and they can restrict the innovation of other companies.

Information and communication technology has been adopted and implemented within various sectors of the economy. This is attributed to the benefits of technology in facilitating organizational activities and processes and its use in meeting the changes which characterize the modern society. The health sector is one of the industries which have significantly implemented technology. The health sector’s technological applications have been achieved within health information systems. The implementation of technology in this sector has resulted into both positive and negative implications on health

The increasing problem of Methicillin-resistant Staphylococcus aureus (MRSA) colonization and infection greatly affects patients’ health and safety and increases unnecessary healthcare expenditures (Lindberg, Carlsson, Hogman, & Skytt, 2009). Many qualitative studies have been conducted which aimed at obtaining more understanding of patients’ experiences of being infected and isolated due to MRSA colonization. In this paper, the author aims to a) discuss her two chosen qualitative studies and relate it to her clinical question; b) perform an appraisal of these studies; c) evaluate the findings, trustworthiness, and contribution to practice of each study; d) examine how the studies’ findings from will assist in

Technology enriches our society by making widely available new and useful goods, services, and technical information . Clearly, as a society, we would want to encourage the development of technology so that we can reap the benefits they offer us. Innovators require an incentive to invent and share these technologies with the rest of society. This incentive is achieved by granting intellectual property rights (IPR) to inventors . More specifically, the incentive is usually achieved by granting patents to inventors .

-One can achieve a high level of innovation in some areas of the modern economy without the intellectual property protection – “excessive, unbalanced or poorly designed IP protections may be counterproductive”

While the United States touts free market policies as main guiding principles, U.S. policy makers have actively used research and development (R&D) industrial policies to maintain and grow the U.S. economy. There are two types of R&D, also known as research and experimentation (R&E), funding models; one is direct federal research dollars given to industry, typically for basic research, and the other in the use of tax credits for R&D activities. Tax credit policies began in 1981 as part of the Economic Recovery Tax Act (Talley, 2011). The U.S. has long funded R&D, however this funding has steadily decreased with the total in 1976 of just over 1.2% of GDP with dropping below .8% of GDP in 2014 (AAAS, 2014a). As of 2013, South Korea, Finland, Japan, Taiwan, and Germany all outspend the U.S. on direct R&D funding relative to GDP (AAAS, 2014b). The IMF and OECD indicate that R&D tax credits are a main growth strategy for the G-20 nations (IMF, 2014). This research topics explores how the United States domestic industrial policies supporting research and development influence business and entrepreneurial behaviors within the U.S., which industries has this benefited the most, overall societal impacts of advancements in technology and automation, and finally how this supports comparative advantage for the United States as well as implications for developing nations.

The primary objective of any development program is to innovate.” -Bell. Having more competition helps increase the rate of growth and research of new technologies for commercial space flight. Even in a competitive environment, competitors can work together to increase the development of their industry as a whole. “Some prominent leaders in the development of the commercial spaceflight industry shun the patent system. Notably, Elon Musk, founder and CEO of SpaceX, boasts having "essentially no patents in SpaceX." “ -Bell. If a company were to patent their technologies, they would be inhibiting the development of additional improvements by other

Are America patents greatly more beneficial or detrimental to innovation and trade in the economy? Arguable both stances are accurate. Innovation and trade in the national economy is based off the premise of the protection of ones inventions in the form of patents. Without this guarantee innovation would not be valued, only piracy trade would occur stagnating economic progress. On the global economic stance patents are becoming difficult to manipulate in trade deals like the highly controversial Trans-Pacific Partnership underway currently. Deals as such are becoming greatly more complicated as American politicians begin to manipulate foreign trade agreements trying to get the deal which benefit American markets and cooperations the best. This has become so difficult countries like China have opted out all together in the mass trade deals because their economic structure is built upon ripping off innovations from mostly American cooperations for a means of economic growth. This is where it is believe patents have to be saved to stop other countries impediments on fair trade but; then one could arguably say the complete opposite position, that patents all together are detrimental to innovation and trade in the economy because having them in itself is an impediment to free and fair trade alike. That idea all together is not practical and would be imprudent in term because it would disrupt the already established and paid for order.

Patents are a particular type of institution that is designed to protect an individual’s intellectual property rights. Britain’s patent system was established in 1624 and rose steeply in the mid-1750s which is around the time that the Industrial Revolution commenced (Moykr, 2009, p. 349). The significance that patents exercised during the Industrial Revolution was influenced by the political events that were occurring during this time. The political events increased the importance of intellectual property rights (Mokyr, 2009, p.349). Therefore, during the Industrial Revolution, there was an increase in the desire to protect the inventions or ideas of individuals. However, some inventors have expressed different opinions of the patent system