Intellectual property means the results of a research, an idea to do something previously done differently or do something fundamentally new. It is the right of the author or the researcher to benefit from his work in the form of royalty, commission or technical fee. While the trade of intellectual property has been done for centuries, it was the containerisation that revitalised and gave a hitherto unimaginable quantum to it. The major consideration in manufacturing industry in establishing the manufacturing units is their economic feasibility, which in addition to the cost of labour, available market and use of the product, is the cost to transport the finished product to its place of consumption.
Common sense dictates that the between similar products, one manufactured closer to you would be cheaper owing to lower transport cost. The container industry dissuaded the manufacturers from clustering the facilities in the developed world in two ways: One, the mobility that was provided by the novel means of transport and two, the reduced transport costs that led to a more competitive international trade. It was no longer relevant for the manufacturing success where the products were actually being manufactured, which in other words meant that intellectual property was now being traded more often than it could have been previously thought.
Technical knowledge sharing
In order to enable the factories and markets in the third world countries to produce goods that are at par with the first world, it is necessary to exchange technical knowledge with these nations. The developed world provided engineering scholarships and training visits to train the human resource of the developing world. It was greatly welcomed by the recipients who could now reap the fruits of industrialization after about 200 years. The people trained by automobile industry, shipping industry and electronics industry helped set up these industries in the home countries. It provided employment and awareness in some of the most backward areas of the world. Owing greatly to the cost reduction made possible by cargo shipping, the income disparity has been reducing over the globe and it has played its due part in poverty alleviation.
Searching cheap labor
The labour being one of the factors of production, often the most costly one, is a limited resource and especially in the developed world, an expensive one. Rapid industrialisation of Europe and United States increased the demand of the workforce and a higher cost of living in these countries helped keep it there. When the shifting of factories was made possible by shipping containers Adelaide in the second half of the twentieth century, the European brands naturally moved their factories to countries like Vietnam and Indonesia where labour could be hired on fraction of the rate paid in their domestic markets. Reluctantly, the developed world now traded in manufacturing rights and royalty agreements. Without the actual task of producing goods, this was an equally rewarding source of Gross Domestic Product (GDP) for the countries dealing in the export of intellectual property. The whole concept of trade was redefined and now, the places of manufacture were not the profit centres of the trade anymore.
Human rights issues
It has been explained above how the increase in trade and decentralisation of manufacturing engaged the developing world in the world economy and how this all came about to a greater part with the simple standardisation of steel vessels. Another undermentioned aspect of engagement was the drastic improvement in the human condition in the host countries. While the western moral values abhorred the child abuse, unfair employment practices and gender inequality, which is not a concept equally held across the globe. The western brands helped change the human rights predicament positively through their trade influence. The brands followed the principle of dealing with companies which are ISO qualified and have fair policies towards their employees. It has empowered the workforce over the last half century.
The containerisation is now a commonly used term in economics and international trade. It is used to refer to the effects, positive to the large extant, of the cargo shipping. It led to a more fair manufacturing industry, globalisation of the trade and an actual social change in the developing world. The uncanny influence of cargo shipment is a lesson to be read in full depth by future anthropologists but it is safe to state that their impact on the world was more than some of us can appreciate in the cursory glance.