ADMS 3960 Lecture Notes - Lecture 3: Intangible Property, World Intellectual Property Organization, World Trade Organization
24 Oct 2016
School
Department
Course
Professor
Document Summary
Chi(cid:374)a"s tra(cid:374)sfor(cid:373)atio(cid:374) si(cid:374)(cid:272)e 1(cid:1013)(cid:1011)(cid:1012) fueled by a landslide of foreign investments made in respo(cid:374)se to the (cid:272)ou(cid:374)try"s (cid:373)arket pote(cid:374)tial, (cid:373)arket perfor(cid:373)a(cid:374)(cid:272)e, i(cid:373)pro(cid:448)ed i(cid:374)frastru(cid:272)ture, enormous resources, and strategic position. Frustrating this, however, have been the politics of chi(cid:374)a"s ela(cid:271)orate (cid:271)ureau(cid:272)ra(cid:272)y, as (cid:449)ell as it ill-defined legal system, and pervasive corruption. Historically, chi(cid:374)a has relied upo(cid:374) (cid:862)the rule of (cid:373)a(cid:374)(cid:863) a(cid:374)d the (cid:271)elief that legal rights are derived from the power of the individual. Upon joining the wto in 2001, china greed to continue to reform its business environment and to move towards transparent, rules-based, enforcement-oriented standards. Reality is far from the wto obligations, especially re: protection of intellectual property. Coming full (cid:272)ir(cid:272)le, today"s fully-owned chinese enterprises are themselves becoming global investors, both by acquiring foreign firms and investing in foreign lands. Some believe outside influences will improve things. For(cid:373)al (cid:272)o(cid:373)plia(cid:374)(cid:272)e (cid:894)e. g. (cid:373)odifyi(cid:374)g rules (cid:862)o(cid:374)e the (cid:271)ooks(cid:863)(cid:895) (cid:448)s. real, pra(cid:272)ti(cid:272)al (cid:272)o(cid:373)plia(cid:374)(cid:272)e (e. g. enforcement) are quite different.
