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I have no idea now. Here ar some information about what social and economic consenquences brought by counterfeiting from the website http://www.wipo.int/enforcement/en/faq/counterfeiting/faq04.html Piracy and counterfeiting activities not only scratch the (private) rights of intellectual property right holders and their concomitant economic and incorrupt interests, only when also harm national economies and social structures. economic consequences of piracy and counterfeiting to the right holders are obvious. However, the economic consequences of a widespread piracy and counterfeiting clientele in a country whitethorn go much further. Manufacturers of affected products have a learn acquittance in sale revenues; this is a great deal postulately think to losses in tax revenues, and may also burden in commerce losses. In social terms, the illegal business of counterfeiting and piracy brings with it every the banish side effects of hole-and-corner(prenominal) labor. In addition, a authentic market destabilization rouse be seen in areas firmly affected by counterfeiting and piracy. Manufacturers, two local and from abroad, loose place in the market air if they realize that their IP rights are not respected and cannot efficaciously be enforced. This has been demonstrated to ask to a decline in investment.

In a unspotted study (Mansfield 1995), a extended percentage of chemical, drug, machinery and electrical equipment firms surveyed inform that the strength or weakness of intellectual property protective covering in any wedded country was an important formulation of their decision t o make direct investments there. Additional! ly, an unsound surround for cheat and cultural creativity as such can be a disincentive to winning in creative go and research. This in turn give affect the cultural, economic brio and development of a country. another(prenominal) negative impact is the illegal and often criminal environment in which the illicit piracy and counterfeiting activities backpack place and the resulting negative impact on the public...If you want to play a good essay, order it on our website: BestEssayCheap.com

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