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Abstract
<jats:p>The article examines the concept of interest as a criterion for limiting intellectual property rights in the context of compulsory licensing. It has been established that two forms represent the institution of compulsory licensing in Ukraine: constitutional (derogation under Articles 41, 54 and 64 of the Constitution) and statutory (limitation under Article 30(3) of the Law “On the Protection of Rights to Inventions and Utility Models”), each of which must satisfy the three-part test of legitimate limitation. It has been demonstrated that the current regulations do not provide for a clear and predictable mechanism of “fair balancing” between individual and societal interests, relying on extensional definitions of public, state, and private interest and thus remaining largely declarative. Based on the doctrine of the jurisprudence of interests, the concept of interest was proposed to bridge this gap, which includes three types of interest: public (sustaining state and municipal authority), private (an individual or group), and societal (the universal interest of individuals as society), and advances the concept of interest as the criterion of a limitation's legitimacy.</jats:p>