Intellectual Property Issues in International Business

With the ever-increasing numbers of businesses seeking to expand, together with the opening of new potential markets, the need and, indeed, importance of protecting intellectual property rights increases also. As should be noted in this article, the largest problem appears to be recognition of the need for a universal regulation of intellectual property rights. With an increase in the international commercial flow, concern for intellectual property protection has unquestionably increased. As technology advances, so protection of intellectual property needs new input, which must lead to changes in existing protections.