The Intersection of IP and Global Trade


Asia IP Magazine June / July 2018, Vol.10 Issue.6

Without proper IP protection, any innovation under Thailand 4.0 will likely to be copied and that will no longer encourage any new innovations. It will adversely affect the economic growth of the country definitely.

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The US has been exporting its IP assets in the forms of software entertainment, IT, etc., for years. At the country level, as appeared in the 2018 Special 301 Report, many countries, including Thailand, have been moved from the priority watch list to the watch list. This indicates that many countries have stepped up their IP protection, which is one the biggest US concerns.

For Thailand, the government has implemented the policy of Thailand 4.0 riding on the wave of IT technology which will depend pretty much on IP protection, Hopefully, under this policy, Thailand will have stronger economic growth. Without proper IP protection, any innovation under Thailand 4.0 will likely to be copied and that will no longer encourage any new innovations. It will adversely affect the economic growth of the country definitely.

Panisa Suwanmatajarn said in Asia IP Magazine Vol.10 Issue.6 Page.15

 

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