The Role of Intellectual Property Rights in Finished Cost Reduction of Goods and Services

Author

Abstract

Recently, the finished cost reduction policy-as an efficient economic policy for competitiveness of domestic products beside foreign competitors-has been paying attention by Ministry of Commerce of Iran. At the fist look, the protection of intellectual property such as inventions increases the finished cost of products; but intellectual property protection can be effective in finished cost reduction in some area. T Since there is not any research in this area in Persian literature, this article tries to answer these questions: 1) How is the protection of intellectual property effective on finished cost reduction? 2) Does Iranian intellectual property system have effect on FCR? This article constitutes two sections: the first section considers the role of intellectual property in finished cost reduction with comparative study and the second section surveys the mentioned matter in Iranian Law. Finally, it suggests practical solutions to legislator and executives.

Keywords