2.3: The Internet And IPR Infringement?
2.2.3: The internet and IPR infringement
The internet has brought about great opportunities as well as challenges due to its increasing popularity across the world. Online marketplaces provide an instant global reach for products by customers which increase the chances of obtaining counterfeit products online. Contrary to roadside sellers and supermarkets, online sellers conduct their business in uncontrolled channels making it difficult to establish the authenticity of online product. Sometimes the differences prices for both counterfeit and legitimate products may not be pronounced enough to draw the attention of potential buyers (Massey, 2006). The websites providing counterfeit products are difficult to distinguish from legitimate ones …show more content…
The main aim of the plan was to establish economic independence by reducing overreliance on foreign products and technologies (Schiappacasse, 2003). However, the taskforce did not conduct a thorough analysis of the impacts of such policies to the vast international communities and in particular the US.
The implementation of the plan has been a concern to majority of foreign companies in China leading to protests from governments, foreign companies and civil societies within China (Yu, 2005). As a result the full intended goals for the plan have not yet been fully realized. Some foreign companies are still enjoying positive results despite the implementation of the indigenous innovation policies. However, some industries have felt the full wrath of such policies including the renewable energy and telecommunication …show more content…
It is these rules that have impacted heavily on US companies. Critics of the policies point out that similar policies have been adopted in other countries but the China’s ones are far too aggressive. The major motivating factor in the perception of US firms is the access to China’s fast growing market but the main handicap remains China’s stern policies when it comes to technology transfer. The existing indigenous innovation policies have inhibited competition in the Chinese markets due to the country’s promotion of innovation domestically. Reducing competition is associated with reduced incentive for innovation. 1.4: Impacts of IPR infringements and Indigenous innovation
The internet has brought about great opportunities as well as challenges due to its increasing popularity across the world. Online marketplaces provide an instant global reach for products by customers which increase the chances of obtaining counterfeit products online. Contrary to roadside sellers and supermarkets, online sellers conduct their business in uncontrolled channels making it difficult to establish the authenticity of online product. Sometimes the differences prices for both counterfeit and legitimate products may not be pronounced enough to draw the attention of potential buyers (Massey, 2006). The websites providing counterfeit products are difficult to distinguish from legitimate ones …show more content…
The main aim of the plan was to establish economic independence by reducing overreliance on foreign products and technologies (Schiappacasse, 2003). However, the taskforce did not conduct a thorough analysis of the impacts of such policies to the vast international communities and in particular the US.
The implementation of the plan has been a concern to majority of foreign companies in China leading to protests from governments, foreign companies and civil societies within China (Yu, 2005). As a result the full intended goals for the plan have not yet been fully realized. Some foreign companies are still enjoying positive results despite the implementation of the indigenous innovation policies. However, some industries have felt the full wrath of such policies including the renewable energy and telecommunication …show more content…
It is these rules that have impacted heavily on US companies. Critics of the policies point out that similar policies have been adopted in other countries but the China’s ones are far too aggressive. The major motivating factor in the perception of US firms is the access to China’s fast growing market but the main handicap remains China’s stern policies when it comes to technology transfer. The existing indigenous innovation policies have inhibited competition in the Chinese markets due to the country’s promotion of innovation domestically. Reducing competition is associated with reduced incentive for innovation. 1.4: Impacts of IPR infringements and Indigenous innovation