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Author Question: What methods are used by MNCs to protect intellectual property rights? What will be an ideal ... (Read 253 times)

LaDunn

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on: Jul 7, 2018
What methods are used by MNCs to protect intellectual property rights?
 
  What will be an ideal response?

Question 2

Which of the following is a method of hedging?
 
  A) home country debt financing
  B) localization of the operation
  C) political risk insurance
  D) maintaining control over technology
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popopong

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Reply #1 on: Jul 7, 2018
Answer to Question 1

The most common methods of protecting proprietary technology are the use of patents, trademarks, trade names, copyrights, and trade secrets. Various international conventions afford some protection in participating countries; more than 80 countries adhere to the International Convention for the Protection of Industrial Property, often referred to as the Paris Union, for the protection of patents. However, restrictions and differences in the rules in some countries not signatory to the Paris Union, as well as industrial espionage, pose continuing problems for firms trying to protect their technology.

Answer to Question 2

Thanks for your help Worked like a charm.


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