SPECIFIC FEATURES OF THE MODERN INTELLECTUAL PROPERTY MARKET: EXPERIENCE FOR UKRAINE

Abstract

The article is concerned with studying the specific features of the modern market of intellectual property objects, and substantiates the directions of development of the processes of protection and commercialisation of intellectual property rights for Ukraine. The authors reveal the role of intellectual property in the development and competitiveness of companies, industries, and countries. The key trends that determine the formation of intellectual property markets are highlighted. The directions of improvement of the existing regulatory framework in the field of intellectual property implemented in Ukraine are outlined. To describe the dependence of the GDP of the largest leading countries on the indicators of their exports, the number of patent applications and the number of grants received, an econometric model has been made. The general trends in the dynamics of applications for intellectual property rights in Ukraine at the present stage are singled out. A number of suggestions for further reform of the intellectual property sphere in the context of post-war recovery are made.