WIPO, Max Planck Institute in Germany and American Law Institute have also drafted international conventions regarding the governing law. These attempts are common in that they suggest 'lex loci protectionis' as principle for resolution of the international disputes over the intellectual property rights according to 'territorialitatsprinzip.'
Indeed, it is difficult to solve the innumerable international disputes over the intellectual property rights arising simultaneously, while national interests conflict with each other due to different political, economic and cultural policies. Thus, unified global standards for the governing law have a long way to go.
Nevertheless, efforts should continue to be made to establish an international law and order for effective resolution of the international disputes over the intellectual property rights. Of course, Korea or the IT power envied by the world is obliged to be more concerned about the legal infra befitting her status in the international community.
