Does Chile have a strong system of intellectual property rights?
We are all aware of the growing importance of protecting intellectual property rights (IPR), not only to abide by international and domestic law, but also to support and foster innovation and entrepreneurship. The Chilean government is committed to strengthening these two areas through the development of various instruments. Countries such as the United States and Australia have already had successful experiences that Chile should aim to replicate. In doing so, Chile should think further afield than Latin America and should aim for worldwide recognition as a leading intellectual property defender.
It is important to mention that Chile's legal framework for intellectual property rights is currently being analysed to suit the requirements for participation in numerous free trade agreements and international conventions.
As of 2010, Chile has progressively strengthened its intellectual property regime by amending its previous industrial property law. These amendments have allowed Chile to adjust its standards, which has enabled it to successfully join the Organization for Economic Cooperation and Development (OECD). Chile has also signed all major international intellectual property agreements, including the Patent Treaty Cooperation, the Paris Convention, the Trademark Law Treaty and the TRIPS Protocol.
Chile, like many developed and developing countries around the world, must face the numerous piracy and counterfeiting problems that can...