Open AccessBENEFITS AND LIMITATIONS OF INTERNATIONAL ARBITRATION IN INTELLECTUAL PROPERTY LAW DISPUTES
Author(s) -
Njegoslav Jović
Publication year - 2019
Publication title -
godišnjak pravnog fakulteta u banjaluci
Language(s) - English
Resource type - Journals
eISSN - 2233-0429
pISSN - 0350-9052
DOI - 10.7251/god1840151j
Subject(s) - arbitration , intellectual property , mediation , dispute resolution , law , political science , alternative dispute resolution , element (criminal law) , law and economics , business , sociology
In this paper, the author analyzes the benefits and limitationsof international arbitration in disputes that are subject to intellectual propertyrights. Intellectual property law disputes have special characteristics. In theevent of a dispute with an international element, there is a problem with thejurisdiction of state courts due to the principle of the territoriality of intellectualproperty rights. The titular of the right must initiate court proceedings in allcountries individually, leading to delays in procedures, multiplication of costsand uneven judicial practice. For these reasons, the author analyzes alternativedispute resolution through arbitration to determine whether this method ofdispute resolution is more acceptable to foreign courts.The author particularly pays attention to the WIPO Center for Arbitrationand Mediation as a permanent arbitration institution whose primary activity isthe resolution of disputes in the field of intellectual property rights.