Intellectual property rights have been defined as ideas, inventions, and creative expressions based on which there is public willingness to bestow the status of property. There are several types of intellectual property protection like patent, copyright, trademark, etc. that’s provide certain exclusive rights to the inventors or creators of that property, in order to enable them to reap commercial benefits from their creative efforts or reputation. Individual nation states have developed intellectual property rights (IPR) regimes reflecting their domestic needs and priorities. Intellectual property pertains to any original creation of the human intellect such as artistic, literary, technical, or scientific creation. Intellectual property rights refer to the legal rights given to the inventor or creator to protect his invention or creation for certain period of time. These legal rights confer an exclusive right to the inventor/creator or his assignee to fully utilize his/her invention/creation for given period of time. Intellectual Property rights protect intellectual capital, your most valuable asset. However, IP risk poses a threat not only to your intellectual capital but also to financial success. By understanding the nature of Intellectual property risk and quantifying the potential financial impact, organizations can effectively evaluate their options and make informed decision The major international risk for business include trust issue, foreign exchange risk, political risks, regulatory risk, cybersecurity risk, Intellectual property risk, commercial risk, cross-cultural risk, etc.

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Keywords: Intellectual Property Risk, Foreign Exchange Risk, Political Risk, Commercial Risk.