The Citizens of the United Kingdom (people born in UK) in 2016, were awarded more Nobel Prizes then all of the other countries of the world taken together. The decision to BREXIT suggests that the movement from the protection of the European Union (a protection grouping) could be considered as a gamble on the work of the World Trading Organisation (WTO) and the World Intellectual Property Organisation (WIPO) Critically review the reality and the potential of these organisations as protector of the innovator from the other regional/defence (NAFTA, EU) structuresIntroduction (10% of marks and 300 words)This should provide the objectives, scope, method and the contextualisation of the discussion. Literature Review and Critical Evaluation (70% of Marks and 2400 words) The reality of the WIPO and its potential The work of the WTO: a reviewThe review of the Brexit decision to take the UK out of regulation/protection of the EU Conclusion (10% of marks and 300 words)This should provide ‘end’ statements commenting on the achievement of the objectives stated Structure, Presentation and Referencing (10%)Referencing Requirements The Harvard referencing system should be employeeModule Learning Outcome from the AssignmentUpon successful completion of this module students will be able to:• Demonstrate a critical understanding of some of the major international trends and developments in technology and innovation and their relationship to international business• Analyze change and continuity in international business using cyclical and evolutionary models of change• Advance a multidimensional understanding of the causes and consequences of technology• Critically evaluate a range of normative questions in relation to people, technology and the marketplace in the 21st Century• Reflect analytically on the knowledge developed for innovative action• Understand the significance of innovation and how it links to wider strategic issues within the firm• Appreciate how process innovations alter the ways of transforming a range of inputs into products and services for customers and end users• Have insights into contingency factors of firm size, technological complexity and environmental uncertainty which influence the precise choice of processes