Professor Kamil Idris is the director for the World Intellectual Property Organization (WIPO). Having years of experience and insight on details regarding intellectual property (IP) and vulnerabilities associated with outsourcing. Recently Venture Source sat down with the Professor to discuss topics regarding intellectual property. The world we live in is “flat”, meaning technology has virtually erased barriers that once modularized cultures. Professor Kamil Idris addressed the issues concerning globalization due to technology and how that affects intellectual property theft.
Professor Idris shed light on issues such as corruption at the bureaucratic level concerning the patent application process, fraudulent problems concerning counterfeiting, and privacy violations. Concerning specifically the dark side of technology and how criminals leverage it to increase their efforts in the distribution of counterfeit goods and the role the WIPO plays in the implementation of solutions. Professor Idris noted solutions have been implemented in this fight to protect IP and gave the WIPO Copyright Treaty (WCT) and WIPO Phonograms and Performances Treaty (WPPT) as examples. Both the WPPT and WCT are enforced by the WIPO’s Advisory Committee Enforcement. These treaties detail and define protections for copywritten materials.
Professor Kamil Idris also addressed patent protection enforceability and the issues associated with the problem of laws and in the many regions throughout the world. The Professor referred to the standardization of intellectual property protections that must be in place in all regions in the world seeking contracts. These IP standards are outlined in the trade-related aspects of intellectual property rights (TRIPS) and are designed to allow local laws to complement them.
Professor Idris discussed the role the United States is playing in the fight against intellectual property theft concerning China. The US estimated $ 225 million to $ 600 billion was lost due to China committing intellectual property theft as 2017. It was announced the United States will impose stiff tariffs against China for the violation of copyrights on varies goods of almost $ 50 billion