Trade related Aspects of Intellectual Property

Running head : TRADE RELATED ASPECTS OF INTELLECTUAL PROPERTY

Trade related Aspects of Intellectual Property

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Trade related Aspects of Intellectual Property

International trade development can negatively be affected if the implemented standards safeguarding the intellectual property differ in different countries . Some states have ineffective enforcement of international property rights (IPR ) which lead to trading in pirated or counterfeit goods . Counterfeit goods trading damage the legal manufacturers ' commercial interests who have the rights or patents of such products . It also attacks the ethical values of the owner

of the products . Aspects of trade-related intellectual property (TRIP ) rights include patents , rights related to copyright , trademarks , geographical indications , industrial designs and undisclosed information (Eisenberg 2007

Illegal access to intellectual property rights objects such as artistic and scientific works , patented inventions and trademarks constitutes to the infringement of the owners ' rights . The infringements of IPR had significant implications mainly to the domestic trade in the past decades . However , trade related aspects of intellectual property have increasingly become common as globalization continues to take significant roots worldwide . For this reason , problems related to IPR have grown to impinge cultural and scientific progresses which are considered to be international (Eisenberg , 2007

Standards have been developed by different states to safeguard the intellectual property such as scientific discoveries . The effectiveness of the implementations have also been considered for the establishment of standards that serve the interests of not only local or national needs but also the international requirements (Eisenberg , 2007 . Leaders have related the aspects...