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"What is the territorialityprinciple of IP?"

The concept of territoriality in intellectual property (IP) refers to the fact that the validity of IP rights is limited to the country where they are granted or recognized. This means that IP rights obtained under the laws of one country are only valid within the territory of that country and not beyond it. To obtain protection for their patents and trademarks in another country, a company must apply for and obtain a grant of protection in that country, except where bilateral or multilateral agreements on IP exist between the countries. In contrast, traditional property rights are not restricted geographically, as tourists' personal belongings, such as clothes, phones, and cameras, are protected by the laws of the countries they visit.


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