The capabilities of globalization allowed the society to become more open towards various suggestions when it comes to the business sector. Countries that are undergoing development can gain a great advantage out of this as it can provide a lower price on various products and services from neighboring and faraway countries. The help of exportation allowed developing countries such as Australia and the United States to gain more profit in the long run. This is what Professor Kamil Idris wants to promote for the sake of a better future.
Intellectual property was the main focus of Kamil Idris as he viewed the movement that globalization can cause within the market. He even noted that developing countries can gain more benefits out of intellectual properties. Economies will boost through the means of the procedures behind intellectual property laws as well. He stated that all it needs is the right learning system and knowledge in regards to the law in order to fully exploit it for the sake of the economy.
Globalization is one of the main contributors to exportation within the market. This can lead towards better international relations, and it can also provide patient applications that can be submitted at a global scale. But there are various issues when it comes to the transfer of intellectual property when this occurs due to the brand new horizon that’s provided with globalization. After all, globalization just got recently discovered. That’s why Kamil Idris wishes to tell the fact that IP Laws are extremely beneficial in regularizing it in order to avoid any property theft in the future and to formalize globalization even further for the world to use in the right ways possible.
About Kamil Idris
Professor Kamil Idris is the former Director General of the World Intellectual Property Organization. This is the exact reason why he wishes to promote the methods that IP Laws can provide to ensure stability over the various procedures conducted through globalization within various business sectors nowadays. Kamil Idris is known to be dedicated when handling Intellectual Property, gaining him a spotlight when it comes to matters regarding IP Laws nowadays.