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What is The Eurasian Economic Union (EAEU)

Avatar-Based Control, Estimation, Communications, and Development of Neuron Multi-Functional Technology Platforms
is an economic union of states located in central and northern Asia and Eastern Europe.
Published in Chapter:
Intellectual Property Institute as a Means of Regional Economic Integration in the Digital Framework: Searching for Ways to Increase Efficiency
Leyla Ayvarovna Gamidullaeva (Penza State University, Russia), Saniyat Agamagomedova (Penza State University, Russia), Oleg Koshevoy (Penza State University, Russia), Valentina Smagina (Derzhavin Tambov State University, Russia), and Natalia Rasskazova (Penza State University, Russia)
DOI: 10.4018/978-1-7998-1581-5.ch013
Abstract
The effectiveness of intellectual property management in the context of Eurasian economic integration is positioned as a factor in reducing business costs in the EAEU. One of the basic conditions for effective economic development is competition in the field of intellectual property. In the context of globalization and digital transformation, intellectual property management reaches a qualitatively new level of organizational and legal regulation and determines the freedom of movement of goods and services in the single economic territory of interstate integration entities. The authors of the chapter concluded that an effective intellectual property management mechanism in the EAEU is a factor of reducing the costs of foreign trade business. Inequality in the protection of intellectual property in the EAEU impedes the formation and development of competitive relations, and impedes the freedom of movement of goods as the basic goal of economic integration of the EAEU states.
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