Addressing International Product Piracy
International counterfeiting of products covered by intellectual property laws is major issue in international business. The Unites States government in particular has threatened to invoke trade legislation to retaliate against countries that fail to attack domestic piracy activities. This paper briefly reviews the economic consequences of international product counterfeiting. It cautions that while such piracy has net costs, widespread retaliation through trade protectionism could also prove costly. It recommends a policy approach that facilitates “private” protection of property rights.© 1988 JIBS. Journal of International Business Studies (1988) 19, 497–504
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Volume (Year): 19 (1988)
Issue (Month): 3 (September)
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