Implementing Strategic IP Protection In Peru And Latin America

In recent years, Peru as well as its neighbouring countries have modernized its Intellectual Property law by leaps and bounds yet shortcomings remain and effective enforcement of IP law continues to represent a considerable challenge. Infringement of intellectual property remains a serious problem. According to the International Intellectual Property Alliance's 2006 country report on Peru, 73% of software in use in Peru was pirated in 2005.

There are stakeholders who represent an outspoken minority of pirates who stand to benefit from weak laws and minimal enforcement. Most legislation that threatens an imitation-ridden economy has been held off by those who cloak themselves in national sovereignty and paint any effort to improve global and hemispheric intellectual property protection as a mere aggression spearheaded by power monger developed countries.