Kamil Idris talks about the issue of intellectual property and how the arising dominance of globalization impacts it. Globalization is when bigger company’s move overseas to country’s that allow for cheaper production cost and therefor those company’s can create cheaper products that increase profit and increase supply. Professor Kamil Idris, who was once the Director General of Intellectual Property Organizations speaks on this topic with an open mind. He says that it can be important that intellectual property in relation to the economy benefit growing developing countries. The fact that globalization requires overseas collaboration it only makes sense that more ideas, knowledge and information is shared. The exchange of ideas and knowledge is a great catalyst for any economy whether it be new or developed. However developing countries can see great improvements.
In terms of more developed countries that have a foothold in the international economy, some negative implications arise. The exchange of intellectual property between these countries can impose many legal roadblocks. A present day example of this would be the issue between the United States and China regarding globalization and intellectual property. Unfortunately China is being accused of patent theft. Stealing patents from tech firms that reside in the US. To further the issue the United States blocked China from purchasing Qualcomm. If he Chinese government were not blocked from buying the telecommunications company they would have access to all of their patents and secrets. Due to the way the Chinese government operate economically, if US company want to collaborate they need to sign over a significant portion of the company to the Chinese government.
Professor Kamil Idris speaks about the impact of intellectual property on developing countries. However we can also see the negatives for the more established countries due to a globalizing economy. The issue of intellectual theft runs deeper than business legality. In recent years China has attempted to gain access to information regarding the United States various defense weaponry and military aircraft. This is why Kamil Idris suggests protecting against intellectual theft. Obviously positives are granted to those developing countries however it is too dangerous to let secret information about Americas top technology out. To protect against this immense issue Kamil Idris says to first developed a sound IP infrastructure. That way protecting ideas and information that should that be released into the globalized economy.