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IMPROVE RP INTELLECTUAL PROPERTY LAW

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The proposed amendment of the existing IPC will integrate a more comprehensive and efficient strategies to respond to the upsurge of internet piracy and give recognition to the rights of research and experts, surveyors, authors of significant literature on technological advancements, performers, producers and broadcasters as accorded authors of the artistic and literally works; acknowledging their right to control or be compensated for which their works are enjoyed by others. It will also recognize the rights to distribution and rental, and rights to claim fees for certain forms of literature, broadcast or communication to the public, especially with regard to the trend on online sharing of files and documents.
 
A side from the consequent backlash to royalties and revenues for affected experts, scientists, artists and producers, the Philippines, and Asia in general, also suffers a reputation of being an unsafe haven for investors in digital technology-based businesses such as software development, studies, film production houses and multi-media ventures. Even legitimate video and music shops and rental outlets have closed down due to the rampancy of pirated goods in the market.