Abstract:
In the modern world the intellectual property plays a key role in promoting new ideas. The intellectual property, invention, creativity and innovation are considered the main egine of the economic development. Through this research the authors have proposed to present the notion of “intellectual property’’ and its key-elements, as well as its role in fostering innovations. The role of intellectual property and its development trends were analyzed, by highlighting countries’practices in enhancing the role of intellectual property in developing innovations. A special focus of the paper is the analysis of the intellectual property development in the Republic of Moldova and the concrete steps to do for the development of innovations.GEL: O34