How Can Business Leaders Protect Their IP Internationally?
To protect their IP internationally, business leaders should:
Conduct thorough due diligence to understand the IP laws in target countries. Register IP in each country where they operate, considering both local and international registration systems like the Madrid Protocol for trademarks and the Patent Cooperation Treaty (PCT) for patents. Develop comprehensive IP strategies that include monitoring and enforcement plans. Collaborate with local partners and legal experts to navigate complex legal landscapes.