Injunctions are crucial in the nanotechnology sector for several reasons:
- Protection of Intellectual Property: Given the substantial investment in R&D, companies and researchers need to protect their innovations. Injunctions help in safeguarding patents and other forms of intellectual property from unauthorized use. - Market Control: By preventing competitors from using patented nanotechnologies, injunctions help maintain a competitive edge and market share. - Public Safety: Some nanotechnologies can have unknown or potentially harmful effects. Injunctions can be used to halt the dissemination of such technologies until they are proven to be safe.