Recent Blog Posts
How Patent Protections Can Bolster Indonesia’s Economy
Indonesia has made significant economic progress over the last several years, propelling itself from one of the “fragile five” economies, as named by Morgan Stanley in 2013, to the 10th largest global economy in terms of purchasing power parity. As the country recovers from impacts of the pandemic and builds its economy, Indonesia aims to further grow its knowledge-based economy and reduce its reliance on natural resources.
Advancing Indonesia’s Patent Reforms Can Help Incentivize New Medical Innovation
While the global community continues to recover from the devastating health and economic impacts of the COVID-19 pandemic, other infectious diseases continue to emerge. To meet those challenges, Indonesia has placed great emphasis on creating a resilient healthcare ecosystem. One key step Indonesia can take is to make changes to its patent law in 2023 that support timely access to new medicines and would also bolster the nation’s economy.