Dr. Kamil Idris has been a force in international law for quite some time. He received his doctorate from the University of Geneva in Switzerland and has received numerous honorary doctorates from colleges and universities around the world. Recently, Ventureoutsource did an interview with the venerable doctor on his thoughts on Intellectual Property. Dr. Idris has written many, many books on international law, and the development thereof, as well as intellectual property and the laws that do or should govern them. Intellectual Property refers to patents, trademarks, copyright and other assorted legal rights and permissions that have to do with thee creation and implementation of new stuff, for lack of a better word. This intellectual property, or IP, has come under siege in recent years due to the increase in outsourcing of jobs and increased globalization. Suddenly, movies and songs can be downloaded illegally from the internet, or a small foreign country can begin to use the technology from another country to create its products. Knockoff imitations of successful products have also begun sprouting up, most notably in toys. The threats that are facing intellectual property are large, and Dr. Idris covers these subjects one at a time. Dr. Idris begins his interview with a general statement about the importance of intellectual property. IP is a one of the largest stimulants to a nation’s economy, acting almost as a steroid. New and innovative products, services, or methods of productions are key to keeping an economy young and flourishing. Thus, protection of these properties are vital to the continued survival of a nation’s economy. Without protection, there in no motivation to create anything. This mind sight only applies to capitalistic nations, such as the United States. However, an increase in technology has also stimulated economic growth and increases in patents as well. Large digital banks or IP information means that businesses and industries can search for the best products or methods of production quite easily, almost as simple as typing a keyword and scrolling through results.
A continued push for a standardization and regulation of these laws has been in process across the globe, in the form of the TRIPs agreement (trade-related aspects of intellectual property rights). However, Dr. Idris states quite blatantly that is likely to happen, even though parts of the TRIP agreement are implemented by countries, picked and chosen one at a time. Overall, TRIPs has offered rapidly developing countries the scaffolding to build their laws for IP off of. Overall, Dr. Idris gives us a glimpse at the future of IP, and how it will impact the global economy in the near future.