Protection Of Intellectual Property Rights

The Organization for Economic Cooperation and Development (OECD) defines anti-competitive practices as the many ways firms restrict inter-firm competition to maintain or to increase their relative market position and profits without necessarily providing goods and services at a lower price or at a higher quality. The American Federal Trade Commission states that anti-competitive practices include activities such as price fixing, group boycotts and exclusionary exclusive dealings. These activities are generally grouped as agreements between competitors (horizontal conduct) and monopolization (single firm conduct).

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

In this paper, we evaluate the various applications of Australian Intellectual Property (IP) law. Special attention is given in its application in the performance of copyrighted songs in private commercial facilities, registration of new designs as well as patent ownership while in contractual employment.

Intellectual property laws help protect users works that they have created from being copied by others. There are different types of laws to protect in different way such as copyright laws to will protect ones work from being copied or others from profiting from it. We also have trademarks used for branding items such as brand names or logos and receive different levels of protection depending on where, how known the brand is, and what type of product or service it represents. Other types of laws that cover intellectual property are patent laws that cover products to be made and that are currently being made; Apple holds the patent for an iPhone so no one can go and make iPhones and sell them other than Apple.

Intellectual property rights were first born as far back as medieval Europe. During these times, groups of artisans in a particular industry were given permission from the government to control conduct in other industries. These group’s job were to oversee what items were being imported, marketed, produced as well as how new inventions were introduced to the market. [1] Intellectual law during this time period was driven mainly by political and religious reasons since they were a huge part of everyday life. In 1710, intellectual law was made more specific with the passing of the Statute of Anne. This gave inventors an initial 14-year protection period and a possible 14-year renewal. However, it did not protect the inventor from foreign-language translations and the people were able to complain if prices were too high. [2]

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

What is intellectual property? Intellectual property or IP for short is creations of the mind, such as; inventions, literary and artistic works, designs and symbols, names and images used in commerce. Among these IP also includes trade secrets, patents, copyrights, and trademarks. IP and its protection are detrimental to the success of the economy. IPs are the innovations that drive the market forward and they are what created eras like the renaissance and the industrial revolutions. But nowadays it is a lot easier to steal one 's idea and pass it on as your own. There lays a major problem that the United State and many countries around the world face. Over $300 billion have been lost due to the theft of IPs from the U.S. per year.

Roald Dahl’s well-known children’s book, Charlie & the Chocolate Factory, depicted a talented inventor of candy known as Willy Wonka. The talented inventor’s creations were constantly under seize by his competitors, specifically Mr. Slugworth, Mr. Fickelgruber, and Mr. Prodnose. Wonka went to extreme measures to ensure his trade secrets, creations, and technologies were kept safe from his competitors. The amount of effort put into protecting his secrets was incredibly overworked. The challenges Willy Wonka faced in protecting his secrets are literary example of the real world obstacles inventors face with their creations. In today’s technological

Sweesh is out and out not the same as any resistance in the market. Revise: "Our application offers";you putting in a demand in eateries or fast food without holding up in line. The possibility of the application is serving customers brisk and bring down work cost for the associations who are using it. Buying the application name and application logo to guarantee our application's Licensed innovation Rights. In case, anyone copying our IP rights then we can case on them as we have done each something truly from the earliest starting point phase of utilization progression. Also, authorizing a system where you can orchestrate fast food arrange on your any device using the app market and basically pay when you arrive.

Description of cultural attitudes towards and presumption about whether a person can own words and knowledge. Indicate if modern trends such as globalization and easy access to information affected these and give consideration as to whether are also applicable in an organization. Also indicate if the presumptions hold true in ones career as an employee of the organization and how may this essay be relevant to ones work.

Canada depends on ongoing new technology in order to keep the economy strong. Using patent protection, Canadian organizations are able to protect and secure these innovations for 20 years by the use of the patent document. Patent protection means that the invention cannot be commercially used, distributed, imported, or sold by others without the patent owner's consent (WIPO staff, n.d.). These innovations can vary from the latest technology to a utensil used every day. Generally, a patent is only applicable in the country in which it was signed or granted, depending on the laws of the region. The mandatory process and publication of patent applications enables the mutually-beneficial spread of new knowledge and accelerates

The depth of China’s involvement in intellectual property theft is far greater than I would have ever expected. Prior to taking the business law course, I never thought about what intellectual property theft was or the impacts that it has. The report of the Commission on the Theft of American Intellectual Property, states that “China is the world’s largest source of Intellectual Property theft” (pg 10 & 11) costing the American economy hundreds of billions of dollars per year, along with millions of jobs.

This site contains information on China's patent and copyright law. It goes on to discuss some ethical issues about China's lack of law enforcement on intellectual property protection.

Innovations based on TK may benefit from patent, trademark, and geographical indication protection, or be protected as a trade secret or confidential information. However, traditional knowledge as such - knowledge that has ancient roots and is often oral - is not protected by conventional intellectual property systems.

Intellectual property is critical to many companies in order to foster innovation and boosting their revenues. Many industries rely on the protection of patents, trademarks and copyrights as they are valuable assets for companies’ success. By protecting intellectual properties, it ensures that the original owner reaps full benefits from his/her ideas, features, products and creations.