Intellectual Property And Creative Commons

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.

One of the most common, yet controversial, issues of First Amendment law is the subject of copyright and infringement. Although the subject may not seem major at first, many different issues and controversies have risen and become more common than ever over the years. The issues that have become pertinent to this subject are endless, including trademark infringement, piracy, theft, fraud, plagiarism, and many more. With the coming of age and advancement of technology, these cases have become more common and appear more often than ever before. Government officials have always been strict about copyright rulings, and have tried to deliver fair and just rulings for both parties involved under First Amendment rules. Because the owner’s work and material is protected under the First Amendment, it gets tricky when involving another party that can claim the same work of art. In short, the definition of copyright has always been cut and dry: allowing owners of creative works the right to control and profit from their creations. It is basically recognized as a form of property ownership.

An Introduction to the Law and Economics of Intellectual Property Author(s): Stanley M. Besen and Leo J. Raskind Reviewed work(s): Source: The Journal of Economic Perspectives, Vol. 5, No. 1 (Winter, 1991), pp. 3-27 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/1942699 . Accessed: 24/11/2011 08:39

Copyright is the legal right, to an inventor to perform, print, publish, film, or record artistic, literary, or musical material, and to allow others to do the same. Copyright law was developed to provide the creators and inventors of any works with powerful and effective rights of exclusivity over their creations (Patterson & Lindberg, 1991). Over the past, these rights were almost unlimited. People would use existing developments as if they were their own without any regard of the creator’s exclusive rights. The need to balance and limit such rights arose, and governments established these limits for the general good of the public.

An effective system of intellectual property is important in facilitating innovation as well as economic growth within a country and across all its borders (Davidson, Monoti, Wiseman, 2012). The current global economy is concentrating more in the invention of ideas that are original, other than in manufacturing of machines. To enhance and protect these ideas, there ought to be effective intellectual property laws. The government of Australia has prioritized the protection of original ideas from individuals through copyright, patent, and trademarks among other intelligent property laws, which give the inventor a temporary period to enjoy the financial benefits of his or her original idea. The major purposes of intellectual property laws can be contested; therefore, they create areas of interest for

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

Intellectual property represents ideas created by minds of humans that require certain rights for their use. Intellectual property gives companies a competitive advantage and attracts the attention of other business partners and investors (Lee, 2016). With such importance, it is necessary for the law to protect these ideas from being used by unauthorized individuals. To shield from this, trade secrets, patents, and copyrights are used to protect the ownership of intellectual property (Legal Information Institute).

Intellectual property rights are a bundle of exclusive legal rights over creations of the mind, both artistic and commercial. These rights give statutory expression to the moral and economic rights of creators in their creations. Intellectual property rights safeguard creators and other producers of intellectual goods and services by granting them certain time limited rights to control the use made of those productions. These rights also promote creativity and the dissemination and application of its results and encourage fair trading, which also contributes to economic and social development. . With the wave of globalisation emerged a need of uniform intellectual property laws all over the world. To achieve this aim WTO stepped in through

Without laws to protect an individual’s work, slowly but surely, all work would become pirated and unoriginal. The term “piracy” can be traced back to the 14th century, when back then it had a different meaning than what the meaning is today. During the 14th century, piracy meant the practice of attacking and robbing ships, nowadays, however, piracy is defined as the unauthorized use

Counterfeit, piracy, bootleg, or stealing, these are some of the many terms associated with the unauthorized dissemination and distribution of copyrighted music. For over five decades, the music industry in the United States has had to grapple with the effects of such activity. The Copyright Act of 1909 was the first granting exclusive rights to copyrighted music. The Berne Convention for the Protection of Literary and Artistic Works was created in 1886 and governs international copyrights. As technology evolved, the music industry was altered in profound ways. Globalization has created a smaller world where information and goods are shared at a pace faster than ever

There is such a legal concept as "intellectual property". Intellectual property is defined as the creation of any intellectual innovation by an individual such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. The law provides him exclusive rights to this innovation and is strictly against theft or plagiarism in any way. Innovators can safeguard their property by one or more of the following: copyright, trademarks, patents, industrial design rights and in some jurisdictions trade secrets.. Copyrights, patents, and trade secrets are each authored by different Offices. Each is based on the Laws of Commerce. (LII. Intellectual property). Cultural attitudes, in fact, esteem words and knowledge above that of certain other property, since knowledge is something that cannot be as easily duplicated as, for instance, an article of common furniture can. To illustrate the veneration that contemporary society accords intellectual invention, software is more expensive and valuable than hardware sink the

An alternative emerging approach for licensing music, software, research paper and many other resources on the internet, creative common sharing copyright, is introduced.

Intellectual property as is perceived globally has been in existence as long humankind. However, the rights and laws pertaining to intellectual property have been recognised and afforded protection only in recent years. This can be attributed to the global shift from the bygone industrial revolution to the ongoing knowledge revolution. The ‘developed nations’ of the world appraised that knowledge in its various forms is what is more profitable in terms of trade and development leading to what is known as the ‘knowledge economy’. Rapid advancements in technology and the requirement to stay ahead of global competitors lead to intellectual property becoming a keystone to country, tying its survival in global markets to the protection for intellectual property afforded by it. The several forms in which intellectual property manifests itself had led to the introduction of copyrights, patents, trademarks, and various other mechanisms by which protection is ensured.

Ages ago, people had minimal needs, food and a place to sleep. As generations passed on, humans became intelligent and smart. Consequently gave a way to inventions, bringing happiness along with comfort in our day to day activities. However, along with the inventions, came along, those individuals who want to plagiarize, steal or imitate one’s work. Piracy and counterfeiting terms refer to the goods that come into the market with no permission from the owner. Therefore, to protect the individual comes in “intellectual property which refers to the creations of the mind: inventions, literary and artistic works; and symbols, name and images used in commerce”. ("World Intellectual Property Organization." What Is Intellectual Property?N.p., n.d. Web. 25 July 2016). Piracy is when the fake copies of software, movies or any electronic versions of the original are produced to be sold at lower prices. Goods which are manufactured as a replica of the original product are counterfeited goods and are sold in the market for knock - off prices. Tobacco, alcohol, food products, designer clothes, watches , accessories, medicines, chemicals, pesticides, perfume , cosmetics, body care products, software, games, CDs, DVDs, vehicle spare parts and household appliances are the most mentioned pirated and counterfeited goods. Let us look into the Fashion and Luxury goods which constitute a larger part in our counterfeited goods. I do support that the piracy and counterfeit have to come to an

Firstly, with laws to protect intellectual properties, it prevent and stop other companies from commercially using the protected intellectual properties in the marketplace, allowing the owner company to control the usage of their original