Outsourcing is a well-defined phrase based on comparative advantage and labour division notions. However, outsourcing has a wide range of consequences, both domestically and internationally, including considerable political ramifications related with job migrations. The interface of multiple national business environments in such transnational cooperation is a multilayered process including divergent legal, economic, and social concerns. This essay will focus on the importance of understanding sharing in offshore outsourcing contacts, as well as the vital role of intellectual property (IP) in enabling and assisting it.
Keywords: Outsourcing; Economy; Transnational Relationships; Offshore; Business Environment; Companies; Intellectual Property
Available at https://www.wipo.int/aboutip/en/#:~:text=Intellectual%20property%20(IP)%20r efers%20to,and%20images%20used%20in%20comm erce
Available at https://www.linkedin.com/pulse/intellectualproperty-meaning-nature-scope-chubby-obianyo 3 Zeitler Micheal, Kuhnen & Wacker, “Key IP Issues in Outsourcing”, p. 2
Available at https://www.infosciencetoday.org/type/articles/outso urcing-and-the-use-and-protection-of-intellectualproperty.html
Gutterman, A., Strategic Alliances, Vol 1, pp 2.001-2.211, Business Laws Inc. (Pub) 2004
Enforcement is further complicated by the difficulties arising from the civil law and common law jurisdictions.
See the article on International Exhaustion and Parallel Importation in ‘Introduction to IP and Business’. WIPO SME Division.