The Legal Environment Key legal issues in international business

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Presentation transcript:

The Legal Environment Key legal issues in international business Trade and investment regulation Intellectual property protection Financial flows regulation Taxation Reporting requirements Ownership regulation Contractual relationships International treaties Dispute resolution

INTELLECTUAL PROPERTY PROTECTION PATENTS COPYRIGHTS TRADEMARKS

INTELLECTUAL PROPERTY PROTECTION Patents: grant the investor of a product or process exclusive rights to the manufacture, use or sale of the invention Copyrights: exclusive legal rights of authors, composers, artists, and publishers to display their work Trademarks: design and names which are officially registered to differentiate products

PURPOSE of INTELLECTUAL PROPERTY PROTECTION To reward the originator, inventor, etc. for his or her idea and effort To provide a stimulus to innovation and creative work