The Problems of Legal Regulation and Protection of Intellectual Property

AbstractThe development of economy depends on the success of innovation activities. And in order to guarantee the success of innovation activities it is important to improve the system of intellectual property rights protection and the creation of in ventions promotion mechanism. The main aim of the paper is to analyze the problems of legal regulation and protection of intellectual property.The research is based on interdisciplinary method of analyses in economic and law spheres. The authors reveal the main factors that influence upon the system of intellectual property rights protection, including innovation activitie