International Trade in Intellectual Properties" Knowledge Diffusion of Exploitation

Over the time, international trade has come to encompass an important element of transfer and exchange of knowledge and information. Trade in international property has grown extensively in the past few decades. Producers of goods are given by law the right to protect their ideas and creativity from being stolen and exploited by other people. One of the reasons why such rights are being promoted is to encourage producers to come up with new ideas and practically apply them without the fear of them being exploited and stolen by competitors.