“IP is the most significant, fastest growing, and expensive area of in the US and other developed nations today. Given the loss in manufacturing competitiveness, the principal basis for corporations in developed countries to earn profits is through their IP”
Intellectual property rights (IPR) are legal rights aimed at protecting the creations of the intellect, such as inventions, the appearance of products, literary, artistic and scientific works and signs, among others.
Safeguarding these property rights fosters economic growth, provides incentives for technological innovation, and attracts investment that will create new jobs and opportunities for all their citizens.
