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International Property Rights

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Submitted By falmier77
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Intellectual Property Protection is a very important because it protects innovation. Without the protection of ideas, people and business would not enjoy the full benefits of their creations. Intellectually property piracy is threat to all businesses, not just the ones located in the United States.
Institutions like the World Trade Organization (WTO) and World Intellectual Property Organization (WIPO) advocate for better protection of intellectual property. These organizations help companies’ combat intellectual piracy. The main vehicle is intellectual property rights (IPR). Basically it gives registered owners of inventions, literary works, artistic works, symbols, names, designs and images, the right to say how their property is used. IPR’s are limited because not every company accepts the various agreements that protect IPR’s.
Besides working with the WTO and WIPO companies should proactively work toward countering violations of their intellectual property. If it is cost effective, acquiring legal counsel that specializes in Intellectual Property Law should be considered. With or without legal counsel, the following are some of the courses of action that businesses and managers can take to help protect their intellectual property.
Register -
Companies and individuals should register their Intellectual Property (IP) with the United States government and the governments abroad that the company or individual wishes to do business. In addition, countries should register their intellectual property with Customs and Border Protection. This includes registering patents, trademarks, and copyrights.

Research –
Companies should do research on the countries intellectual property laws before they enter that countries market. For instance, does that company have signed agreements with the United States that protect trademarks and patents. Also take a look at other companies. Find out if companies that are similar had issues with intellectual property protection in that country.

Be specific in contracts -
Companies should make sure that their contracts with foreign suppliers and partners have specific sections concerning intellectual property protection. Companies should make sure that these contracts have detailed IPR language regarding intellectual property. Legal counsel from that particular country should be consulted. In addition, conducting some due diligence of potential foreign partners can go a long way. U.S. Commercial Service can help with this.
Use the resources –
There are many U.S. government intellectual property resources that are at company’s disposal. These organizations help companies investigate and combat IP piracy. The following are some of the governmental organizations available. * National Intellectual Property Rights Coordination Center * U.S. International Trade Commission * Trade Remedy Assistance Office * Office of the U.S. Trade Representative * U.S. Commercial Service * Office of Intellectual Property Rights
Join a private organization –
Depending on the industry there are many private groups that can help advocate, research, and lobby on behalf of business in their sector. Examples of such groups include the following:

* U.S. Chamber of Commerce * Entertainment Software Association * Recording Industry Association of America * Association of American Publishers

There are also organizations that are outside of the United States that help in protecting Intellectual property rights. They include: * International Anti-Counterfeiting Coalition * International Intellectual Property Alliance * International Trademark Association In conclusion, fighting Intellectual Property Piracy is an on-going battle with the end of the war not in sight. The advancements in technology have helped companies curtail infringement but technology has also helped the pirates. Until countries such as China and Russia realize the value of IP little will change in the future to combat this problem.

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