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China's Current Policies on IP Protection

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Added on  2023-05-31

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This article discusses China's current policies on IP protection and their impact on MNEs doing business in China. It also compares China's IP protection policies with other countries and explains how the legal environment in China deals with the protection for an MNE.

China's Current Policies on IP Protection

   Added on 2023-05-31

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CHINA'S CURRENT POLICIES ON IP PROTECTION
China's current policies on IP protection
Name of the Student
Name of the University
Author Note:
China's Current Policies on IP Protection_1
1
CHINA'S CURRENT POLICIES ON IP PROTECTION
Q: Research China’s current policies on IP protection. Discuss the impact
of the current IP policies to an MNE doing business in China.
The intellectual property rights which are currently protecting the MNE’s in China.
The existing IP rights being used deliberately for the growth and development of the Global
multinational enterprises. The existing rich cultural heritage of China are also protected with
the help of the IP policies (Holmes et al., 2016). The global multinational enterprises have a
huge impact on the economy of China. Human resources are better recruited due to the
security purposes which worked effectively to reduce the IP thefts. The IP violations were
going beyond the control of the Chinese government. The business processes of the MNE’s
were heavily impacted due to the successful implementation of different IP protection
policies.
The most major security problem of the MNE’s in China is the IP leakage which is
very well tackled with the help of the intellectual property policies. The critical complexities
were minimized after the application IP policies (Huang, Geng & Wang, 2017). The business
models of the MNE’s can no longer be replicated by the rival organizations. Reputation and
the profitability of the MNE’s was increased successfully with the help of the IP policies.
Q2: How does China rate against other countries in protecting IP of an
MNE?
The intellectual properties of MNE’s in China are of very high order as it includes strict
IP policies such as the Trademarks, Copyright Protection Acts, Patents and Trade secrets. The
other countries of the world also sometimes follow these successful strategies. The violations
of intellectual property laws are also higher in China. MNE started their operations in China
also. The patent is considered in most of the countries outside China also. Protection of the
China's Current Policies on IP Protection_2

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