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| Asian Countries Ranked For IPR Protection |
by Mary Swire, LawAndTax-News.com, Hong Kong
Tuesday, August 31, 2010
A survey of almost 1,300 expatriate corporate managers by the Hong Kong-based
research group, Political and Economic Risk Consultancy, found that Singapore
is considered to be the best country in Asia, and Indonesia the worst, at protecting
intellectual property rights (IPR).
The survey was conducted during the last three months, and was largely concerned
with the possible international piracy of films and computer software in twelve
Asian economies. It focused on the legal IPR protection in each country and
whether that protection was also enforceable in an effective manner.
The countries were rated up to 10 points, with the higher scores representing
the least effective IPR protection. It was reported that Singapore came out
best with a score of 1.5 points, followed by Japan and Hong Kong with scores
under 3. Taiwan and South Korea were the only other countries with scores under
5.
Despite efforts to improve its performance in protecting IPR, China was given
the third worst rating at 7.9 points, This, it was said, largely reflected the
fact that businesses were still cautious about Chinese companies which, due
to their size and the size of China’s economy, could cause the markets
considerable problems.
As could be expected, the less developed countries in the region were among
those with the worst ratings – for example, the Philippines at 6.8, Vietnam
at 8.4 and Indonesia at 8.5. In those countries, even if IPR protection regulations
exist, businesses remain skeptical of the authorities’ ability to enforce
them, and counterfeiting still remains a significant problem.
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