Look, you can really protect your intellectual property in Europe and in USA, but you cannot do that in the rest of the world. It means your innovations will be

Look, you can really protect your intellectual property in Europe and in USA, but you cannot do that in the rest of the world. It means your innovations will be copied and much cheaper products will be created. You can protect your own internal national market, but you cannot compete on all the remaining world markets. So what to do? End of intellectual property? Back to trade secrets? Even this will probably not help in long term.