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Commercialization Portal Internationalization | ||
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InternationalizationThe following resources are designed to assist the process of researching international markets: Overview The international life sciences sector is experiencing exponential growth. International commercialization, however, may be complicated by the inconsistencies that exist in the global environment for the life sciences sector. Regulations and procedures for commercializing life-sciences-derived products abroad may be significantly different from domestic commercialization procedures. In addition, intellectual property rights may be inadequate, unenforced, or completely non-existent. Also, there may not be a market for the product, or the economic climate may be unfavourable. Therefore, a significant amount of research should be carried out in order to deal with the complexities that exist in foreign markets. The international regulatory environment for the life sciences sector can be researched using the following resources: BIOTrack
provides information on the status of the international harmonization
of regulatory oversight in biotechnology, regulatory developments
in member countries and databases of field trials and products.
The following Government of Canada initiatives are aimed at promoting Canada's international presence and facilitating international trade for Canadians.
Learn more about Market Research. Historically, divergent intellectual property laws have deterred firms from commercializing their products in international markets. Companies often fear that inadequate protection laws may result in the duplication of their invention by a domestic organization. This situation was improved by the introduction of the World Trade Organization's (WTO) agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), as well as treaties and agreements aimed at harmonizing intellectual property rights among countries. International
Intellectual Property Treaties - Industry Canada lists the treaties
Canada has signed. LLRX.com provides a research article entitled Researching Intellectual Property Law in an International Context that outlines all aspects of international intellectual property law, including a summary of relevant agreements, treaties, and legislation, and links to the intellectual property offices of many countries. |
Created: 2005-05-30 Updated: 2007-07-30 |
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