Intellectual Property Rights (IPR) Issues Globally with an Emphasis on China

GLOBAL ISSUES CONCERNING INTELLECTUAL PROPERTY RIGHTS : AN EMPHASIS ON THE PEOPLE 'S REPUBLIC OF CHINA

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TABLE OF CONTENTS

Introduction : Intellectual Property Rights Defined . 3

The Importance of Intellectual Property Rights . 4

The IPR Situation in China : IPR Infringement . 6

A History of Counterfeiting in the People 's Republic of China .9

The IPR Situation in China : The Evolution of IPR Regulations .13

The Effects of IPR Infringement .18

Effects of IPR Infringement on the Economic Relationship between the US

and China .22

Infringement of Products from the Entertainment Industry .25

Infringement in the Auto and Aviation Industries .26

IPR Infringement in the Pharmaceutical Industry .27

The Case of Nike .28

The Case of Pfizer .29

The Case of Intel .30

Fighting Global IPR Infringement : The Joined Forces of Governments and Private Sectors .33

The Government of the People 's Republic of China .37

Conclusion .40

Introduction : Intellectual Property Rights Defined

Jones and Benson (36 ) define intellectual property as a legal field that often involves creations of the mind in the areas of music literature and arts . It also covers inventions , symbols , names , images and designs which are used in trade and commerce which usually involve copyrights , trademarks , patents and other related rights . Laws were developed in to protect the rights of the authors or people who hold the rights for their creation , masterpiece or name . Under these intellectual property laws , the holder of the so-called abstract properties have the sole and exclusive rights to the creative work commercial symbol , or invention which is covered by it (Jones Benson 36

Governments all over the world recognized the different forms of intellectual properties for centuries . However , certain governments have gave importance to these rights /properties only recently and at the same time , these properties are still being questioned by some scholars especially with regard to the legitimacy and philosophical basis of these laws . Despite this , the formulation of these laws was never put to an end . In fact , the nineteenth century also witnessed the formulation of international treaties which aimed to standardize the different aspects of the International Property Laws (Jones Benson 37 . However the processes by which these laws are being enforced still vary from one jurisdiction to another , as once again mentioned by Jones and Benson (37 Intellectual property rights are also becoming more and more popular with the countries belonging to the first world . Countries such as the United States , Japan , etc . believe that safeguarding these properties could foster economic growth , provides incentives for technological innovation , and attracts investment that will create new jobs and opportunities for all their citizens , Field (1 ) mentions . More often than not , as also supported by the report of the World Bank entitled Global Economic Prospects , intellectual property rights for the first world countries are usually associated with greater trade and foreign direct investment flows which could then pave the way for faster economic growth

The Importance of Intellectual Property Rights

The Paris Convention for the Protection of Industrial...