1. Legal Research: Before entering a new market, entrepreneurs can research local IP laws to ensure compliance and avoid potential legal issues. 2. IP Strategy Development: By understanding the legal framework, entrepreneurs can better develop strategies to protect their intellectual property assets, such as patents, trademarks, and copyrights. 3. Dispute Resolution: In case of IP disputes, WIPO Lex can provide valuable legal texts that may assist in resolving conflicts either through negotiation or litigation.