What is the significance of British patent law to the development of Britain?

1: Britain is the first country to formulate a modern patent system, and the evolution of the British patent system has had a very important impact on the development history of the global intellectual property system.

2. Through the patent system established by the Patent Law, those inventions that have practical value and economic significance and are granted the patent right according to law become the property rights of the patentee, and the patentee can get economic benefits from them, which will play an important role in encouraging inventions, mobilizing people's enthusiasm for inventions, and attracting more funds and manpower to invest in inventions. This undoubtedly promoted the economic development of Britain.

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