Intellectual Property Management

During early 1990s, several European countries expressed strong dissatisfaction with what they deemed to be inadequate protection of intellectual property in many developing countries. The developed countries made the upgrading of intellectual property rights (IPRs) one of their highest priorities for the Uruguay Round of trade talks. Their efforts bore fruit in the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs), which was approved as part of the Final Act of the Uruguay Round. Thus, stressing the point on management of IP.

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