Coming up with the “Big Idea”, something very few of us can do. There are a lot of people in the world that believe they have the best idea and will make millions from it. The simple fact is, there are very few people that their “Big Idea” actually comes to fruition. However, there are even fewer people that their “Big Idea” actually makes millions. Now imagen you are one of those innovative individuals. The idea you have is absolutely amazing, maybe your idea is a new encryption algorithm that is impossible to brake for the foreseeable century. This would new encryption will make data extremely secure and impossible to steel. You develop the algorithm yourself on your own time, but one day you perform a test of your encryption algorithm on your work computer, after hours. Let’s just say your personal computer at your house broke and that’s why you used your work computer for the test. Who has the right to intellectual property at this point in time? This is the big dilemma and depending on the ethical view point of you or the company you work for, it could become a sticky situation. During the course of this class my answer to this question has, for the most part, has stayed the same. The issue of who has intellectual property rights in a very delicate topic and it truly depends on the situation at hand.
Intellectual property is “something (such as an idea, invention, or process) that comes from a person 's mind”. (Merriam-Webster). According to this definition
copyright: Copyright is a form of the intellectual property that protects the original expression of ideas. It enables creators to manage how their content is used. To prevent misappropriation of copyright and protect benefit of the business.
Answer: Intellectual property is a property that is owned by an individual or an organization which can then choose to share it freely or to control its use in certain ways. It can
Protection of intellectual property are investments based on acquired knowledge, thought and effort by one or multiple individuals on behalf of themselves, the business they work for when the property is created, and a financial investment. Each of these – acquired knowledge, thought, physical effort, financial investment – have a value that can be attached as it relates the usefulness or importance of the resulting product. That value will have a level of importance to the individual(s) creating the product and if applicable, the investor providing the funds in support of the creation.
C) intellectual property: Intellectual property is any piece of work that you have created yourself using your own intelligence and creativity. Intellectual property is protected by the law by patents, copyright, and trademarks, which protects the property of the holder by giving the
INTELLECTUAL PROPERTY- It is kind of like a patent. The ownership of an idea by the person who came up with that idea is called intellectual property.
Cameron Hanes is a professional bow hunter that every hunter in this world wants to be like. In order for him to be equal to everyone else he would have to wear 250 pounds of buckshot in a bag so he can’t move as fast. He shoots his bow so good that he would have to have a toy bow and suction cup arrows. Hanes moves ultra quiet so he would have to have itchy clothing so he was always itching and can’t be quiet. No animal has a chance if they are being hunted, Hanes is just too sneaky so he would have to wear a smell that all animals knew and would run from.
In chapter one, one main idea concept is firms. Firms can be small or large in scale and simply attempt to make maximize profits or make as much money as possible. Firms take inputs and combines them to add value to what they produce. Firms choose what to produce, how to produce it, where to produce it, the amount of what they produce, and the price to sell their product. A real world example of a firm can be as simple as selling cheap umbrellas on a rainy day. Because it is raining, people are more likely to buy an umbrella, regardless of the quality or price. One detail about a firms that stood out to me was the sentence about the chef who spent $30 on groceries and made an $80 meal. Firms want to spend the least amount of money as possible
The term “Intellectual property” is the ideas, words and the contexts created by someone that becomes that personal belong. Where “plagiarism” is claiming someone’s work or ideas as your own without giving appropriate acknowledgement to the author’s work (page. 225).
Who really owns ideas, and how long should they hold them? When does Fair Use become Theft and vice versa?
People need to be original and creative with their own ideas. Some people must take risks, but in that process these people are afraid to be judge yet they go on with their ideas anyway. We need to take a chance with our own ideas because some will help the world out today. They have the fear of failure in their minds, but they keep on going with their ideas. In Originals, Adam Grant writes about many different people that experience the fear of failure feeling. My personal experience with art in high school relates to what Abraham Lincoln, Bill Gates, and Michelangelo were talking about with taking risks and being judged.
The World Intellectual Property Organization (n.d.) helps one understand the importance of protecting intellectual property. They have spelled out several reasons of this importance including inventing new works in technology and culture, which allows progress to be made that, can be utilized worldwide. In addition, the legal protection of intellectual property encourages the commitment of additional resources for further modernization. Finally, promoting and protecting intellectual property encourages economic growth. It creates new jobs and industries. Protecting intellectual property also enhances the quality and
Chapter eight of Ethics and Technology: Controversies, Questions, and Strategies for Ethical Computing by Herman T. Tavani is about intellectual property disputes. Tavani defines intellectual property as an intangible form of property that is protected by a system of laws through which authors and inventors are given ownership rights over their creative works and inventions. There are four legal frameworks for protecting intellectual property. The first of these is copyright laws. Copyright laws protect authors. An author can also be an individual or an entity such as an organization or corporation. The first United States copyright law was created in 1790 and protected books, maps, and charts. As newer forms of media were developed, copy right protection has extended to them also. In 1980 copyright laws were amended to include computers, programs and databases that exhibit authorship. In order for something to be protected with copyright laws it must be original, nonfunctional, and also fixed in a tangible medium. The second legal framework is patents which protects individuals who create an invention or process. Patent laws require that inventions be useful, novel, and nonobvious. The third legal framework is trademarks. A trademark is a word, name, phrase or symbol that identifies a product or service. To qualify for a trademark the mark should be distinctive. The last legal framework for protection is a trade secret. A trade secret is highly valuable
Engaging yourself to the world meaningfully you must first understand you are only a tiny portion of it. Your ideas do matter to the world, but you must first remember that there are many other ideas that are from many other people. There must be a balance in not only yourself, but also all of your peers. You do not want to think your ideas matter too much because then you will focus on yourself too much and not engage in what others might have to say. You also do not want to think too little about your ideas because then you will begin to feel your ideas are useless which would not help the world at all. Thinking too small of your ideas will make you shut down and not explain an idea that could potentially help the world in many ways. You
First of all it is important to establish what Intellectual Property (IP) is a creation of the mind. There are two types of IP that protect a range of different creations. The two categories are Industrial Property and Copyright. Industrial Property is concerned with the commercial based creations such as patents, trademarks, and industrial designs. Copyright protects literary works such as films, music, artistic works, and Television. Copyright is granted automatically, there is no need to register or fill out a form. However, some governments encourage this to
The idea of intellectual property has many correlations with the concept of the marketplace of idea. According to a common argument, intellectual property rights spark innovation, creating positive economic growth and benefits for all. Because the marketplace comparison is an economic one, there is a tendency to tie intellectual property with the marketplace of ideas. The key argument arises whether ideas- intangible resources, can be protected as property using the same concepts and social processes that protect tangible property. The concept of property stems from scarcity. Which is, the basic economic problem that results from people having unlimited wants but limited resources. Scarcity doesn’t explicitly mean unattainable or