Ideas:
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The importance of Intellectual Property Law has significantly increased over the years: in the 1980s, intangibles accounted for 20 percent of the assets of a company; however thirty years later intangibles accounted for 80 percent. The protection of innovation (Patent Law), creativity (Copyright Law) and commerce (Trademark Law) is harmonized to a great extent, because of the Paris and Berne Conventions of the 1880s, which were largely incorporated by the TRIPS Agreement of 1994, which makes Intellectual Property Law an attractive field for students who pursue an international career. Emerging technology and new societal challenges create a future-proof demand for recalibrations of Intellectual Property Law and paradigm shifts that can overcome path dependencies.
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