The globalization of markets means that inventions and technological

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RufaidaKhatun
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The globalization of markets means that inventions and technological

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. Expansion of Global Markets The global intellectual property (IP) landscape has been fundamentally transformed by the expansion of global markets. In today's interconnected world, businesses operate on an international scale, requiring a robust framework for intellectual property protection that spans multiple jurisdictions.


Advances are no longer confined to national borders but instead spread around the world, often subject to varying degrees of legal and regulatory scrutiny. 4.2. Nature of the Patents Patents are essentially territorial, meaning they can australian number for whatsapp nly be enforced in the jurisdictions in which they were granted.

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This territorial nature emphasizes the importance of securing patent protection in every country where the inventor seeks to enforce their rights. For example, an inventor who holds a patent in the United States does not automatically have protection in Europe or Asia. To obtain protection in these regions, the inventor must file for patent protection in each relevant jurisdiction, complying with the specific legal and procedural requirements of each.
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