How can IT investors protect their intellectual property rights over software where they decide to finance Ukrainian IT projects?
The development of the IT industry shows some of the highest rates of investment compared with other sectors of Ukraine's economy. The IT industry has become increasingly important, and now constitutes some 3 per cent of Ukraine's total GDP. In 2015 alone, Ukrainian companies made a profit of some USD2.5 billion resulted from the export of software and IT services, mainly composed of outsourcing services. At the same time, there arises, in connection with investment in Ukraine's IT sector, the protection of investors’ rights, and, in particular, their intellectual property rights as a consequence of that outsourcing activity.
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