The institution of intellectual property rights protection in the face of economic crisis
Dominika Bochanczyk-Kupka ()
Additional contact information
Dominika Bochanczyk-Kupka: Katowice University of Economics
Ekonomia i Prawo, 2016, vol. 15, issue 2, 167-177
Nowadays proper protection of intellectual property rights (IPR) is particularly important for strengthening and accelerating economic growth and development. Contemporary society is in transition, from community which wealth is based on tangible assets, to a community which relies mainly on intangible resources. IPR are understood as an institution which guarantees the access to these resources and secures the legal rights of owners. In modern world there are many factors which influence the necessity of stronger IRR protection. Some of them appeared especially during times of economic slowdowns, when the IPR are specially exposed to illegal actions. If the legal system is properly organized and the law is enforced the intellectual property rights seem to be secure. Unfortunately the process of globalization, lack of technical barriers in information flow, decreasing purchasing power of households and poor economic situation of firms operating in competitive environment increase the uncertainty and possibility of illegal actions especially during recession. The main aim of paper is to identify the channels through which financial crisis affected world economy and intellectual property rights protection. It can be done by describing mutual relationship between the IPR protection and business cycle, mainly phases of recession. The first part of the paper shows the current state of knowledge. Then in the second part the main analyzed economic categories are briefly described. In the last part of the paper the relationship between economic crisis and IPR protection is presented in the context of institutions.
Keywords: economic institutions; economic slowdown; IPR protection (search for similar items in EconPapers)
JEL-codes: E02 E32 P14 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkeip:v:15:y:2016:i:2:p:167-177
Access Statistics for this article
Ekonomia i Prawo is currently edited by Barbara Polszakiewicz and Jerzy Boehlke
More articles in Ekonomia i Prawo from Uniwersytet Mikolaja Kopernika
Series data maintained by Miroslawa Buczynska ().