The article discusses intellectual property rights in Europe, focusing on innovation and technology. It explores the reasons for having these rights, how they affect the economy, and the differences between national systems. The researchers look at how patents can encourage innovation and how international agreements impact trade and investment. They also examine the harmonization of intellectual property laws in Europe and the protection of biotechnological inventions. The study concludes that intellectual property rights play a crucial role in economic growth and trade, especially in Central and Eastern European countries.