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The Effects of the Revision of Intellectual Property Rights-relevant Laws based on the FTA between the Republic of Korea and the United States

  • Journal of The Korea Society of Computer and Information
  • Abbr : JKSCI
  • 2009, 14(8), pp.137-144
  • Publisher : The Korean Society Of Computer And Information
  • Research Area : Engineering > Computer Science

정영재 1 Hwie- Seo, Park 2

1서울대학교
2조선대학교

Accredited

ABSTRACT

On July 23th, 2009, the newly-revised copyright law was reflected the free trade agreement which occurred between the United States and the Republic of Korea. The agreement is expected to have positive effects such as competition as well as the social efficiency in the field of intellectual property. Nevertheless, Korean government should pay much costs, Therefore, we should minimize the cost in a short run and maximize the benefits we could obtain out of the agreement in a long run. However, we are not prepared to improve economic value of the intellectual property rights. Specifically, it should be noted that the aspects of law execution to protect not only the intellectual property rights. If we manage to get the utmost out of the agreement, we could be going through the transition from a consumer nation of intellectual properties to a producer nation.

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