Professor Kamil Idris is the Director General of the World Intellectual Property Organization—also known as WIPO. The World Intellectual Property Organization exists because there is a big problem with intellectual property being stolen and pirated. Communications have advanced so far to the point where information can be pirated with the click of a mouse. The world has become globalized, and there is a complex array of intellectual property, ways of communication and people who are inconsiderate when it comes to properly acknowledging who came up with intellectual property.
This problem of intellectual property being misused also comes in the form of goods being counterfeited.
Two treaties—the WIPO Phonograms and Performances Treaty and the WIPO Copy Right Treaty—have been put in place to protect people’s intellectual property rights in the digital age. People who produce and put out work in digital environments need to be protected.
When it comes to using intellectual property and patents, there is a big problem. Different jurisdictions have different policies concerning patents. According to Professor Idris, this problem is remedied by the TRIPS Agreement. According to the TRIPS Agreement, both contracting parties must agree to the same policies regarding intellectual property.
Professor Idris believes that any company that chooses to do business internationally should be very careful. He feels that companies should put more focus on intellectual property. In fact, he believes that their approach should be oriented toward intellectual property.
When two companies draw up an agreement, they should both keep a close eye on the agreement. Plans should be made ahead of time of what will be done just in case complications come up. It is a good idea to have lawyers around to help with contracts.
When it comes to intellectual property, Professor Idris cannot specifically name the “best” jurisdictions because many jurisdictions are good in different ways.