Pressures of profitable survival in this value added, knowledge based world pose interesting threats and challenges to Owners, Creators, Generators, Traders & Users of Intellectual assets. The importance of IPR has definitely increased and has led to large competition and unethical means of intellectual assets transfer & exploitation of SME's holding traditional knowledge. Rapid depreciation the value of Intellectual assets demand better means of marketing & IPR protection to deal with contemporary issues related to them.
This workis based on prior study in the area of cyber space and other IPR measures that have been implemented to control the issues related to IPR. The study defines what areas need more attention w.r.tIPR laws and probable upcoming ways to cure the problem.
