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ECCK IP Capacity Building Seminar
In April 2016, the Organisation for Economic Co-operation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) released a joint report about the trade in counterfeit and pirated goods. In such it was estimated that the 2.5% of global trade in 2013 (worth EUR 338 billion) was made up of counterfeit and pirated products. Worryingly, this represents a rise compared to OECD’s earlier calculation that found that counterfeits amounted to 1.9% of global trade.
It is important to note that counterfeiting is harmful to businesses, consumers, and society at large. It reduces business and government revenue, stifles innovation, hinders economic growth and results in job losses. In addition, there is growing evidence of a link between counterfeit goods and the financing of criminal syndicates. Additionally, there is legitimate concern that counterfeit goods pose a risk to human health, as they do not adhere to prescribed safety standards or controls.
Fortunately, various Korean officials are aware of these concerns and have become involved in taking action against these malicious products. Due to a lack of resources and jurisdiction it is impossible for a single entity to bring a stop to the creation, distribution and import of counterfeit goods altogether. Instead, cooperation between the various involved authorities and the private sector is of essential importance.
Against this background, ECCK organized IP Capacity Building Seminars in Seoul, Daegu and Busan from September 5 to 7. These three full day seminars, allowed for an exchange of know-how and best practices between ECCK member companies and officials from the Prosecution Service, National Police, Korea Customs Service, Korean IP Office as well as local governments.
ECCK IP Capacity Building Seminar
In April 2016, the Organisation for Economic Co-operation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) released a joint report about the trade in counterfeit and pirated goods. In such it was estimated that the 2.5% of global trade in 2013 (worth EUR 338 billion) was made up of counterfeit and pirated products. Worryingly, this represents a rise compared to OECD’s earlier calculation that found that counterfeits amounted to 1.9% of global trade.
It is important to note that counterfeiting is harmful to businesses, consumers, and society at large. It reduces business and government revenue, stifles innovation, hinders economic growth and results in job losses. In addition, there is growing evidence of a link between counterfeit goods and the financing of criminal syndicates. Additionally, there is legitimate concern that counterfeit goods pose a risk to human health, as they do not adhere to prescribed safety standards or controls.
Fortunately, various Korean officials are aware of these concerns and have become involved in taking action against these malicious products. Due to a lack of resources and jurisdiction it is impossible for a single entity to bring a stop to the creation, distribution and import of counterfeit goods altogether. Instead, cooperation between the various involved authorities and the private sector is of essential importance.
Against this background, ECCK organized IP Capacity Building Seminars in Seoul, Daegu and Busan from September 5 to 7. These three full day seminars, allowed for an exchange of know-how and best practices between ECCK member companies and officials from the Prosecution Service, National Police, Korea Customs Service, Korean IP Office as well as local governments.