An Empirical Study on the Impact of Arbitration on Intellectual Property Rights
Keywords:
Intellectual Property, Arbitration, Alternative Dispute Resolution, Enforcement, Confidentiality, Patents, Copyrights, Trademarks, Trade Secrets, International ArbitrationAbstract
In today's technologically advanced and globalised world, property (IP) disputes are becoming more frequent. Specialised techniques to settle these conflicts are becoming more and more necessary given the nature of IP rights. This paper examines arbitration as a conflict resolution method, highlighting its advantages, difficulties, and numerous uses in property-related fields such trade secrets, patents, copyrights, and trademarks. Arbitration is often praised for its privacy and adaptability reducing the burden, on systems involved in resolving disputes. The research also delves into how arbitration decisions, in intellectual property conflictsre enforced and how public policy influences the acknowledgment of these awards within the system. The document offers perspectives on the intersection of intellectual property rights and arbitration processes. Proposes potential advancements in this dynamic legal area through real life examples and comparisons of different situations.