Trade-related Intellectual Property Rights in the United States

Trade-related Intellectual Property Rights (trips) in the International Business Landscape

Definition of Trade-related Intellectual Property Rights (trips) in the context of U.S. international business and public trade policy: Issues involving the treatment of intellectual property owned by foreigners. The United States has focused on preventing the piracy of intellectual property in foreign nations. Improved protection of intellectual property has been an objective of the United States in Section 301 cases and in the Uruguay Round. Specific areas covered by the Uruguay Round agreement on TRIPs include copyrights, patents, trademarks, industrial designs, design of integrated circuits, and anticompetitive practices in licensing.