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The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer?.

Solutions for The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The implicit rationale for, or the philosophical foundation of, the intellectual property rights system in India is embodied in three underlying objectives. First, it seeks to strike a balance between the interest of producers on the one hand and consumers on the other, that is, those who develop the scientific knowledge or innovate and those who use the goods or services derived there from. Needless to say every country attempts the same, but where the balance is reached depends on the level of development. The "levels" of income in the economy and the stage of development in the society are thus particularly important in the context.The logical exclusions from patentability follows from this objective. Methods of horticulture and agriculture, as also food, are excluded because such a large proportion of the population is dependent on agriculture for a livelihood. The purchasing power of the poor even for food is limited, while drugs and medicines are excluded because millions do not have access to basic health care.Second, it endeavours to ensure rewards for the owners of knowledge or the innovators but, at the same time, aims to place a limit on the monopoly profits or the quasi-rents which may be appropriated by the entity that commercialises the technology or transforms the scientific knowledge into a marketable product. This is the logic of compulsory licensing. There are two underlying principles set out in the Patents Act: patents are granted to encourage inventions and to secure that the inventions are available in India: and patents are not granted merely to enable the patentees to enjoy a monopoly for the importation of the patented article.Third, it attempts to create an environment which is conducive for the diffusion of existing technologies and the development of new technologies, in so far as technology is a basic determinant of development in a society that is a latecomer to industrialisation. The patentability of process alone, but not products, in some sectors, and the reduced term of patents derives from this objective.Q.Which of the following best describes the sentence ``This is the logic of compulsory licensing'' as given in passage?a)To commercialise technological innovationsb)To bring in uniformity in distributionc)To enforce control over profit makingd)To help the users get the products e)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.