1. 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

2. INTELLECTUAL PROPERTY PROTECTION
PATENTS
COPYRIGHTS
TRADEMARKS

3. 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

4. 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