Global Legal Update (#11 November 2012)

Intellectual Property Rights: in the Global Spiderweb

Vira O. Vallee

The growth of international trade and technology development in the era of globalization requires implementation of the global IPRs protection regime. Intellectual asset owners interested in securing their IPRs abroad have regularly pressed for international harmonization of IP law. States around the globe are on the path of converging upon the same set of IP standards. They are shifting these rules to higher standards than those which previously prevailed in their domestic legislation: longer terms of protection, fewer exceptions to the scope of rights...

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