limiting its enforcement power

Nonetheless, China is surging ahead in other areas. China filed 38,000 GenAI patients between 2014 and 2023, surpassing all others combined (the U.S. was second at 6,000). WIPO data also shows China accounted for more than half of all blockchain patents until 2017. China’s growing political influence in WIPO has become more evident. In 2023, it blocked several mostly European Wikimedia affiliates from becoming official observers at WIPO’s Standing Committee on Copyright and Related Rights, likely due to tensions over Taiwan. These growing rivalries are compounded by WIPO’s non-binding framework and reliance on voluntary cooperation, limiting its enforcement power. As global powers compete over IP protections, the high costs of filing, maintaining, and enforcing IP rights can be beyond the reach of smaller, less wealthy countries. Issues such as litigation, patent trolling, and overly broad patents can further overwhelm the matter. Vulnerable businesses can miss out on opportunities by not understanding IP rules, while also risking litigation. สล็อตเว็บตรง