Patent Policies and Intellectual Property Challenges in Brazil

Abstract

Abstract The return on investment in the biotechnology industry is comparatively slow, and for this reason it is important to protect innovation with intellectual property rights. The Brazilian government has implemented public policies aimed at improving the strategic use of intellectual property to ensure increased competitiveness of national industries, including biotechnology. Despite these initiatives, the innovation space in Brazil suffers from insufficient patent applications. Reasons for Brazil's poor performance in patent applications are mainly related to the low proportion of researchers in companies and the long time required for a patent to be granted.