This topic contains a solution. Click here to go to the answer

Author Question: What is the role of the WTO, and what is the scope and intent of its TRIPS ... (Read 38 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
What is the role of the WTO, and what is the scope and intent of its TRIPS agreement?

Question 2

What is a cross-licensing agreement? How do large software companies use such agreements? Do you think their use is fair to small software development firms? Why or why not?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

The World Trade Organization (WTO) deals with rules of international trade based on WTO agreements that are negotiated and signed by representatives of the worlds trading nations.

The WTO developed the Agreement on Trade-Related Aspects of Intellectual Property Rights, also known as the TRIPS Agreement, to establish minimum levels of protection that each government must provide to the intellectual property of all WTO members. This binding agreement requires member governments to ensure that intellectual property rights can be enforced under their laws and that penalties for infringement are tough enough to deter further violations.

Answer to Question 2

This is an agreement in which each company agrees not to sue the other over patent infringements. Large companies, such as Microsoft, IBM, Sun Microsystems, and Hewlett-Packard, go into agreement with one another to obtain the rights to technologies that it might use in its products. This provides a tremendous amount of development freedom without the risk of expensive litigation. It does not seem fair that small businesses must pay an additional cost, from which larger companies are exempt, to license the patents they use.




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 24, 2018
Gracias!


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library