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U.S. Trade Policy and Intellectual Property Rights (IPR)

U.S. Trade Policy and Intellectual Property Rights (IPR). Tariq Miakhel ITRN 701 April 02, 2012. Major Issues. Protecting Intellectual Property Rights Lost Revenue Billions of $$$. Facts about IP. Rogue websites generate more than 53 billion visits per year

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U.S. Trade Policy and Intellectual Property Rights (IPR)

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  1. U.S. Trade Policyand Intellectual Property Rights (IPR) Tariq Miakhel ITRN 701 April 02, 2012

  2. Major Issues • Protecting Intellectual Property Rights • Lost Revenue • Billions of $$$

  3. Facts about IP • Rogue websites generate more than 53 billion visits per year • G20 governments and consumers lose $125 billion annually • Digital piracy costs the global economy $75 billion annually • Domestic production and consumption of counterfeit and pirated products costs our economy $215 billion annually • In the UK, research from Harris Interactive in 2009 highlighted that nearly one in four P2P file-sharers (24%) typically spend nothing on music, while finding an overlap of legal and illegal downloading among some file-sharers. Source: http://www.theglobalipcenter.com/facts

  4. Stakeholders • U.S. Government • USTR • ITC • PTO • U.S. Firms • China • Other Nations

  5. What is being done about IPR? • SOPA • ACTA • Review of Notorious Markets • US brings cases through WTO TRIPs Agreement

  6. Presidential Candidate Views • Pres. Barack Obama “Our single greatest asset is the innovation and the ingenuity and creativity of the American people…” • Mitt Romney “Having tried and failed with “engagement,” the Obama administration now behaves as if the United States has no leverage in dealing with a country that routinely steals our designs, patents, brands, know-how, and technology—collectively, our “intellectual property.” Entirely fake Apple Stores operate openly in Chinese cities. It is hard to be more brazen than that.”

  7. Real Fake

  8. Conclusion • Extremely Broad Issue • Legislations such as the SOPA and PIPA may have a negative domestic impact if passed • Continue to build pressure on China and other nations through WTO to change their culture for violating IPR

  9. QUESTIONS???

  10. References: • "- Bloomberg." Bloomberg. Web. 01 Apr. 2012. <http://www.bloomberg.com/apps/news?pid=newsarchive>. • "Believe in America: Mitt Romney’s Plan for Jobs and Economic Growth." Mittromney.com. Web. 31 Mar. 2012. <http://www.mittromney.com/sites/default/files/shared/Trade.pdf>. • China Gateway Home Page. Web. 30 Mar. 2012. <http://www.mac.doc.gov/china/docs/businessguides/intellectualpropertyrights.htm#CHINAS_CURRENT_IPR_ENVIRONMENT>. • Newsandmedia. "Rick Santorum on SOPA South Carolina Primary Debate 2012 CNN." YouTube. YouTube, 19 Jan. 2012. Web. 02 Apr. 2012. <http://www.youtube.com/watch?v=dZifY8wcWwY>. • "Out-of-Cycle Review of Notorious Markets." Web. 30 Mar. 2012. <http://www.ustr.gov/webfm_send/3215>. • Sandoval, Greg. "Obama to 'aggressively Protect' Intellectual Property." CNET News. CBS Interactive, 12 Mar. 2010. Web. 31 Mar. 2012. <http://news.cnet.com/8301-31001_3-20000347-261.html>. • Sepetys, Kristina, and Alan Cox. Intellectual Property Rights Protection in China:Trends in Litigation and Economic Damages. Rep. USA: National Economics Research Associates, 2009. Intellectual Property Rights Protection in China:Trends in Litigation and Economic Damages. National Economics Research Associates Inc. Web. 30 Mar. 2012. <http://www.ipeg.eu/blog/wp-content/uploads/NERA-IP-Protection_China_2009.pdf>. • "Shanghai-Nov 30: Apple Store Interior In Shanghai On Nov 30, 2010 In Shanghai. China'S Second Apple Store Opened On July 10, 2010 In The High Profile Pudong District. Stock Photo 66974062 : Shutterstock." Stock Photos | Shutterstock: Royalty-Free Subscription Stock Photography & Vector Art. Web. 10 Oct. 2011. <http://www.shutterstock.com/pic-66974062/stock-photo-shanghai-nov-apple-store-interior-in-shanghai-on-nov-in-shanghai-china-s-second-apple.html>. • SIIA: Software & Information Industry Association. Web. 30 Mar. 2012. <http://www.spa.org/index.php?option=com_content&view=article&id=172&Itemid=31>. • "SOPA and PIPA: Just the Facts." PCWorld. Web. 31 Mar. 2012. <http://www.pcworld.com/article/248298/sopa_and_pipa_just_the_facts.html>. • USPTO. Web. 30 Mar. 2012. <http://www.uspto.gov/ip/global/index.jsp>.

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