Santoshini Moharana,

Advocate, High Court of Odisha, Cuttack, Odisha, India

DoI: CJBES/ Vol.2.1/ June-2025…

Abstract:        

Technological innovation is accelerating at an unprecedented pace, presenting significant challenges and opportunities for Patent law. This abstract explores the evolving landscape of patent protection, examining key trends and considerations that will shape the future of patent laws in the context of technological innovation. The traditional function of patent- incentivizing invention- must adapt to the complexities of emerging technologies like artificial intelligence, biotechnology, and software, while simultaneously addressing concerns about access competition, and societal impact. This abstract argues that the future of patent law hinges on striking a delicate balance between fostering innovation and promoting broader access to technological advancements. It examines the increasing importance of international harmonization efforts to streamline patent procedures and standards in a globalized world. Furthermore, it discusses the crucial need for improved patent quality and efficiency, leveraging data analytics and AI to enhance patent examination processes and reduce backlogs. Beyond these practical considerations, the abstract delves into the broader societal implications of patent law. It considers the role of patents in promoting open innovation models and the need for adopting patent systems to accommodate collaborative research and development. Finally, it emphasizes the importance of incorporating societal values into patent policy, particularly in areas such as essential medicines and environmentally impactful technologies, ensuring that patent protection serves the greater public good. By addressing these multifaceted challenges, the future of patent law can effectively foster technological innovation while safeguarding access, competition and societal well-being. After all, the tapestry of innovation and technology has been woven together to create a complex and a rich whole. To make the technologies efficient, faster and better, innovation has played a vital role by putting life into technologies throughout the history by making them efficient, faster and better. Intrinsically, technology is about innovation.

Keywords:

Technological Innovation, Patent Law, Artificial Intelligence, Access and Competition, International Harmonization.