Forthcoming: MIT Sloan Management Review article. Intellectual property (IP) protection is the Number ONE challenge for multinational corporations operating in China. To learn about how companies successfully manage the China IP protection challenge we conducted in-depth field research in 57 of the most successful multinational corporations. We identified nine highly effective IP protection practices, which together form a dynamic “Web of IP Protection.” We found that the “Web” allows a corporation to a) expand faster within China and across other emerging markets b) outperform local and foreign competitors and c) improve local and global innovativeness. To learn more about how to build your own line of defense against property theft read the forthcomging full article in MIT Sloan MR. (expected Summer or Fall 2014).