Suggested Factors to Take Into Consideration When Electing Countries to Protect Developments Through Industrial Property

It is good to know about inventors or companies who wish to take their technology, goods or services out from their countries of origin seeking to obtain monopoly benefits governments offer, under the protection acquired through the different industrial property figures described in the Industrial Property Law.

Many of these individual or corporation entities are interested, in the first place, to protect their industrial property worldwide. However, after being aware of the high costs related to this action, they decide to be more selective, usually requesting their agents or representatives suggestions regarding which territories to select in order to extend their rights, particularly because there is not a system which gives worldwide protection to any IP figure.