Almost every product imaginable is being sold there or exported elsewhere, is being reproduced and produced in China. Meanwhile some alterations in the overall intellectual property rights (IPR) surroundings in China has developed lately, the issue of piracy remains a daunting one. To understand Chinese IPR conditions demands a look at its history, along with the rapid growth of the country’s economy. With booming economic conditions has come an identical surge in the production of counterfeit product, and ideologically the political culture in the country has not given itself to the concept of possession of the intellectual property.
Both the Confucianism along with Communism carries no interest in the individual possession; historically, censorship was considered more important than copyrights and inventions as belonging to the state. Totals may reach over $150 billion though it's practically impossible to estimate the value of counterfeit merchandise originating in China. Both firms doing business in China and foreign authorities are dissatisfied with the present level of IPR protection. Managers must be proactive on many levels to be sure their intellectual property is sufficiently protected.
PUBLICATION DATE: March 15, 2013 PRODUCT #: BH515-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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