Pirates of Globalization

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Tiffin University Case Study Pirates of Globalization Course Number ECO 626 (90) Course Title: International Trade and Investments Instructor _Vinnie Gajjala By: Robin Briggs Fostoria, Ohio January 25, 2013 What actions can companies and governments take to ensure that products cannot be easily pirates? Be specific. To ensure that products cannot be easily pirated, sometimes it is necessary for companies and governments to arrange a legal copyright system and develop organizations that could help to investigate, and further raise the consciousness of copyright among every country in the world. Companies and the governments where fake products have the largest consumption should take the initiative to try and comprehend the reality of copyright infringements and institute litigation to protect their own rights. It is also necessary for the government to improve the environment in which companies and businesses can take countermeasures, using civil and criminal remedies and administrative enforcement system where infringements occur. Also, companies and governments should implement the intergovernmental policy consultations and establishment of international cooperation. Do you think that the international business community is being too lax about the abuse of intellectual-property rights? Are international companies simply afraid to speak out for fear of jeopardizing access to attractive markets? Yes I do believe the international business community is being too lax about the abuse of intellectual-property rights. The textbook states, “China, India, South Korea, Malaysia, Taiwan, and Thailand are all still leading sources of counterfeit products. Lax anti-piracy regulations and booming economies in China and India mean potential intellectual-property traps await companies doing business

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