The equation between intellectual assets and the market requires an adequate and efficient protection system for innovation.
In fact, intellectual property (IP) rights allow on the one hand, safe and efficient incorporation of the creations of the human intellect into the market dynamics and on the other hand, coexistence of owners’ interests in the protected knowledge and the interests of society as a whole.
Nowadays, the international community recognises an international system which strengthens and harmonises rights and procedures applicable to creations of human intellect.
In 1994, the origin agreement for the World Trade Organization (WTO) promoted the role of IP in a globalised world. The standards considered in the agreement acknowledge the indissoluble link between IP and international trade, underlining the importance of these rights for competitive markets.
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Chile, PCT, TLT, IP amendments
