Counterfeit products negatively impacts on the economy and the occurrence thereof has seen dramatic increases over the past year.
In a Business Report article, Bert Chanetsa quotes Roger Parloff in a Fortune Magazine article: "Advances in printing, scanning, 3D modeling and so on have made copying through reverse engineering easier and cheaper than ever." In addition to crude methods such as handheld video cameras smuggled into film premieres, pirated copies of films have been diverted from production rooms. A disloyal technician can misappropriate intellectual property using various methods.
Parloff focuses on what he refers to as brand rip-offs, using descriptive terms such as "third shift", "midnight shift" and "ghost shift". He points out that, by outsourcing the manufacture of their goods, Western companies are "entrusting their precious intellectual property - designs, moulds, specifications, trade secrets - to hundreds of contractors and subcontractors all over the