Benefits of Arbitration & Mediation in Patent Rights Enforcement
The protection of intellectual property rights, particularly patents, is essential to promote innovation, encourage investment, and support economic growth. However, patent disputes can be complex and costly, and traditional litigation is not always the most effective means of resolving them. Alternative dispute resolution methods, such as mediation and arbitration, have become increasingly popular in recent years as a way to enforce patent rights while reducing the time, cost, and uncertainty associated with litigation.